EMS 3.45% 3.0¢ eastern metals limited

patersons note 10 june , page-9

  1. 37,911 Posts.
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    Good morning

    The options may still fall in the money. Trials in September means results in the New Year.

    But there is the risk options may expire.

    This influenced me to swap my EMSOB for EMS without loss.

    I was holding only options, having sold my EMS at its peaks.

    But my EMSO were carrying a large loss so I had no choice but to keep them (and in fact I have averaged down by buying recently at 0.4 cents average).

    Holding EMSO at 0.8 cents average, hoping it can come home.







 
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