I was just about to post a big buy order for EMM, I have heaps but will always buy more when they're cheap, when two new buys popped up. That lasted but a few minutes as now someone has snaffled all the cheapies, taking the stock up 25%.
ElectroMetals is a small, tightly held stock on the cusp of being much bigger having recently won substantial orders amounting to 150% of last year's revenue. There's still five months left in their finanancial year, with several contracts still to be won. Normally this not a trading stock. But it should rise substanially more when the details trickle thru the market that EMM will be profitable and cash flow positive for the first time this year. That ought to generate a re-rating.
EMM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held