EMM 0.00% 0.7¢ electrometals technologies limited

trunaround story of 2006, page-16

  1. 21,227 Posts.
    yes - another great announcement. this little company is sitting on a nice bit of cash plus with orders starting to build up, then this could be a nice little stock - still has a low market cap which is about one times sales. as sales orders build up, then the profit as a percentage of sales increases, as the fixed costs are absorbed.

    it will be a long time, before watso makes a profit on this stock (first bought 100,000 at about 25c) - but hey, it will get back there - but after allowing for the time value of money, this has been a disaster
 
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Currently unlisted public company.

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