EMS 7.14% 3.0¢ eastern metals limited

company broke ???, page-33

  1. 210 Posts.
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    yes, someone offloading at 5.5c. but someone is also buying. I think the buyer will be the one with a smile one their face a few months down the track.

    price at the moment is irrelevant. hey it may fall to 1c, who knows and who cares in the short term

    the bottom line is they need to obtain funding (which I understand they close to arranging) to complete the phase 3 trials. once that process has worked its way through it's "hello revenue". ems will have a growing revenue profile when most other companies in this environment are going backwards.

    limited downside from here....plenty of upside
 
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