EMS 11.1% 2.0¢ eastern metals limited

buyers keep stepping up, page-8

  1. 1,654 Posts.
    I see it this way.

    Revenue within next 12 months = $50 mil pa – Very likely.
    10% profit on revenue = $5m - Very likely.
    PE between 10 & 20.
    Market Cap 50 to 100 mil.
    Share price between 40 & 80.

    Based on this I see nothing wrong in holding and placing them in the bottom draw.
 
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