EMS 0.00% 2.0¢ eastern metals limited

buyers keep stepping up, page-6

  1. 1,654 Posts.
    Why would I sell. The way I see it is that the company won't go broke, so the downside is minimal, maybe 5c.

    Current mkt cap is only $14m. So even if they break even, or make a small loss nfy, they won't go lower than a mkt cap of $7m. MIA & West Cost Surgical would be worth close to this on their own.

    Where as if they get their act together we can be looking at a company with a mkt cap in excess of $100m.

    Current revenue is as per forcast, so I reackon my risks are minimal.

 
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