EMS 11.1% 2.0¢ eastern metals limited

buyers keep stepping up, page-7

  1. 4,151 Posts.
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    Bigfella,

    You make some good points.
    The fact is that the company has aquired profitable entities with projected positive cash flows.

    Others saying it will go to 5c is ridiculous as we all know if you compare EMS to other 5c companies on the block that they are all basically start ups with no cash flow perhaps from share issues, and very little revenue.

    Yes we all know the previous few years has been frustrating.
    I decided to top up at 10c as I said before. I doubt I am risking anything with a company that is cash flow positive, and will clearly be growing in revenue streams over time.

    The CEO's presentation looked good to me.
    I reckon its a good medium term trade.

 
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