pretty much on point for how I currently see what's happening here... cheers for this reply... similar to my way of thinking
I believe that FA is important, if FA can be backed via a strong gaining TA then ones investment becomes severely derisked ... TA has gained my interest I will say, FA has a dark shadow it would seem... my main concern currently is the amount this company has been policed/queried via the ASX, nothing worse IMO than having your money caught up in a suspension... has happened to me a few times over the years... one even got delisted and reopened on the Canadian market, bloody nightmare...
I think if revenue is incoming, and their business prospectus moving forward can unhinge from any party that predominately has a bad reputation, then moving forward could prove worthy... however association with the likes of crowd1 brings caution it would seem... always a gamble this end of the world I will say... either way, still watching with caution, has my interest for a moment, have it one of my screens dedicated to it currently as I see potential spike/breakout... may put a chart up later for those interested.
EM1 Price at posting:
2.7¢ Sentiment: None Disclosure: Not Held
(20min delay)