EMS 15.0% 2.3¢ eastern metals limited

Volume has been low, and I think there are plenty of people...

  1. 224 Posts.
    Volume has been low, and I think there are plenty of people watching on the sidelines and waiting for the bottom before they buy. My gut feeling is that under 4c is probably good buying at the moment and I'm actually thinking about buying tomorrow...The sell-off has been on pretty low volumes, and I reckon it's tax loss selling as much as anything else. There could be another capital raising soon (hopefully not as low as 3c like last year), but I think this is probably as good a time as any to get back in. The quarterly says they're debt free with ~$1.5m in the bank. Is that about right, anyone?
 
watchlist Created with Sketch. Add EMS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.