Ann: Up Spain Agreement Update, page-20

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16/02/23

03:57

Post #: 66275998
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Originally posted by AlphaX: ↑

absolutely disappointing and many lessons learned here, at least for me.

in my opinion, what was once a promising business with a strong moat, a clear vision and good leadership, has since turned into nothing more than a dusty heap.

Ironically, that heap is probably now worth less than the amount of paper and ink that the lawyers will be printing during what will presumably be years worth of discovery and litigation.

The reinvestment of some of my profits at a time that I swore to myself was a once in a blue moon discount opportunity (thanks to what I thought was merely a storm in a tea cup), has cost me unnecessarily.

I am still fortunate to have once made a profit here, and I feel for those who were not so lucky.

let’s hope it eventually turns.

all in my own opinion.

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I'm sure most investors didn't see the CBI issue coming. It wasn't a sudden blast, it was a nuclear strike. There's so much "woulda / coulda / shoulda" here.
Strangely enough, EML is behaving exactly the same way as another stock I held that has gone into administration, but I got off it long ago.
Huge upswing, big promises, failure due to non-growth of some business expansion, then board change. In between all this were numerous capital raises, which EML has not yet done.
I doubt we'll ever see over $1 again.

EML Price at posting: 60.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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