EMS 0.00% 2.1¢ eastern metals limited

capital raising !!!, page-30

  1. 224 Posts.
    Thanks for the info. Always a pain to see the dilutionary effects of s discounted share placement. On the bright side, the price is 33% more than last year's placement, and hopefully it's the last one.
    Personally, I got in at 3.6c before the EOFY, so stoked it's slightly above my entry price, and I doubt I'll take up the placement as I already have plenty invested.
    My guess is that we won't be above 5c again until the conference in september as the conservative sophisticates and others will no doubt be happy to take <25% profits, which will keep the SP in check IMO. I'll be holding out to at least double my money, which I reckon could be before the end of the year.
    Cheers.
 
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