EMS 26.3% 2.4¢ eastern metals limited

ems up 12 percent in germany, page-17

  1. 4,144 Posts.
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    re: ems sells stake in uk for 2.5 million I looked at teh UK announcement, and as far as I can see there is no change to the distribution issue that contractually exists. This is simply the actual $ payment by a company to EMS for rights for distribution which was agreed upon when the shares were issued. EMS has just chosen to finally take $ payment now.
    Also getting that many shares distributed to 7 Institutions is a good thing also.

    To me there is nothing sinister other than EMS cashing up in the most appropriate fashion for increased growth.

    All you knoockers get off the grass & read the announcment properly.

    As far as I can see EMS is on the right track.
 
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