EMS 3.33% 2.9¢ eastern metals limited

Hopefully they will increase their margins with that sort of...

  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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