EMS 0.00% 2.7¢ eastern metals limited

re: the market has this stock terribly wrong Look at the...

  1. 9,286 Posts.
    re: the market has this stock terribly wrong Look at the chart.

    EMS never traded more than 2 million shares a day once during 2006, let alone 1 million, except on 19/12/06, where 5 million shares were traded

    Obviously some trader got burned.

    We have followed EMS all year and held until two weeks ago, selling out to buy some Christmas gifts.

    After the broker report was issued we concluded we can sell and buy back later, that EMS is our lowest priorty stock.

    However after the anti-malarial annoucement, buying back at 12 cents was essential.

    EMS has plenty of support today at 11 and 11.5 cents.

    The seller will run out of stock soon.

    We are happy to buy at 12 cents.

    We buy 'the stock', based on its 'fundementals'.

    We do not 'not buy' due to the cash flow problems of one seller, off loading parcels of 52400.
 
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Last
2.7¢
Change
0.000(0.00%)
Mkt cap ! $3.069M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 22640 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 300000 1
View Market Depth
Last trade - 16.11pm 31/07/2024 (20 minute delay) ?
EMS (ASX) Chart
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