EMS 2.63% 2.0¢ eastern metals limited

Well well well, someone has had enough. This sp continues to go...

  1. 4,163 Posts.
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    Well well well, someone has had enough. This sp continues to go down the drain at a steady pace now.
    Sub 10c is so on the cards its not funny.
    No buy depth no support, just flagging sp prices.
    The only saving grace will be to try & pick up a quick day trade when it gets to 9c just to creep back any losses.

    I dont say this lightly. but this stock is so badly in a down trend that its difficult to see anything positive now.
    I am sure Raider will shoot me down again, but the facts speak for themselves here.

    The Sp is almost 50 % of its issue price of a few years ago 20c after rocketing to 90c or so. Fortunate for me I got into this stock within the last year, based on perceived potential. Brother wasnt that a mistake !
    Its taken everything over but the kitchen sink to grow. The contracts are just not coming, PAP is not being mentioned. The company isnt even a shadow if its former self.

    Gee do I sound negative. You bet I do. This is an absolute disgrace. What must Dermot be thinking after being in the role just on a month and the sp goes backwards, the reverse gear is almost broken is spinning back so fast !!

    I will be the first to eat humble pie if it gets a move on dont anyone worry about that, but I will now just put the stock in the bottom draw and forget about it for a while.
    I might have a peak in now & again to see how my flagging stock is going and hopefully my trashed investment recovers.

    I guess we all make out own decisions. I for one will have to live with this one for a while yet.

 
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Last
2.0¢
Change
0.001(2.63%)
Mkt cap ! $2.216M
Open High Low Value Volume
1.9¢ 2.0¢ 1.9¢ $4.483K 235K

Buyers (Bids)

No. Vol. Price($)
1 11894 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 316215 3
View Market Depth
Last trade - 13.12pm 08/11/2024 (20 minute delay) ?
EMS (ASX) Chart
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