Ann: Trading Halt, page-191

What do you mean by "pricey"?. IMO, as an emerging gamer with global scope, EM1 is under priced at a market cap of $22 mil.

My rational is as follows:
No of shares (diluted) , say 800 mil max
Forward earnings over the next :
(a) 12 months...........say $5 mil or eps of 0.625c or a SP of 6.25c @ a P/E* of say 10
(b) 24 months...........say $20 mil or eps of 2.5c or a SP of 25c @ a P/E of say 10
(NB: Mr Market always looks forward and usually allocates a high P/E to a company with good growth prospects)

Now, what is your rational of saying that the stock is pricey?