EM1 0.00% 3.2¢ emerge gaming limited

Ann: Trading Halt, page-112

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  1. 37 Posts.
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    Just want to note few points here

    • Market is waiting for Arcade-X launch which is due in March (last trading day of March is 29, Friday)

    • The Trading Halt is requested pending the announcement of a global joint venture agreement with MOBILE GAMING & ENTERTAINMENT GRUOP which is due on 22 March this Friday.

    • Arcade-X Launch is due in March which will be release any day in between 25 March and 29 March.

    • EM1 management is smart enough to release the joint venture news before the launch which, in my understanding, will keep the upward momentum in SP.

    • After the launch, management will release other news i.e. South Africa revenue, Ad Revenue, subscriber & player stats, Launch in Tier 1 countries and subsequent revenue....on and on.

    I don't think by the last trading day of March which is Friday 29, the SP will be any less than 5c

    AIMO
 
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