About 2 months ago I have posted the consensus that EMH will be retreating back into .4XX trading range if it does not produce the 'goods' - well...we are observing that trade momentum unfolding now. I believe that CEZ/Geomet/EMH will come good regarding DFS in the coming weeks, but the SP damage has been done, successful reversal of this re-affirmed LT trend can only happen after holidays and once the general soft market conditions change.
I can see EMH's SP recovering back to where we are now in Feb/Mar 2024. After holding for years and years I honestly am somewhat numb to the delays these days. Provided EMH does not go under (which it shouldn't plenty of cash in the bank) then delays do not worry me.
EMH Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
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