EMS 5.00% 2.1¢ eastern metals limited

revenue forecast 50m-55m, page-17

  1. 173 Posts.
    Hopefully they will increase their margins with that sort of volume.

    Last quarterly shows what I mean , nearly A$8 M in receipts and they go A$ 1.3M in the hole.

    In anyone's business spending more than you earn will send you back to the markets / shareholders for a handout and therefore a dilution in shares.

    I noticed the reasons for the SPP to.
    available A$ '000 used A$'000
    Loans 300 272
    Credit 2M 1,854
    Total owed 2,126
    Cash on hand 1,788.


    On the other hand I still have a day job so don't listen to me.

    Cheers

    Badahur
 
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