EM1 0.00% 3.2¢ emerge gaming limited

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  1. 935 Posts.
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    Hi Moorookamick

    Thanks for your interest. My interpretation of future stock direction very much relies on the drivers of technicals, being news, stock/sector sentiment and fundamentals. The former two are quite bullish at present - EM1 has had plenty of positive (and unexpected) news lately and the Esport sector is certainly heating up right now. So great to see a small cap on the cusp of this boom.

    Fundamentally, we still have arguably a relatively small market cap (~12M) given the fact markets in general are forward-looking and EM1 is laying the pave stones for a profitable future in a multibillion industry.

    Ultimately, I believe having proactive management is the key - I think Greg Stevens and team have certainly ticked that box too.

    So, with patience, I think we'll do very well from this stock. I guess my only "technical" advice really is to continue following the old adage - The trend is your friend, until it's not.

    All the best buddy.
    Last edited by Sagitar: 24/03/19
 
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