EHL 0.00% 87.5¢ emeco holdings limited

Emeco Holdings Acquisition, page-12

  1. 102 Posts.
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    If SP gets to 50 cents that would make them a $1.5 billion dollar company with approx $400m -500m of equipment and $450m of debt along with negative cash flows (current and forecast) This is a frothy tech company masquerading as a mining services company I'm sure of it. It's the only explanation But in all seriousness if not linked to any real fundamental value (assets or earnings) then who knows what the SP could do. Conversely what happens when the underlying issues come to light, do the big guys run for the door all at once or do they keep it propped up ? I have no idea. So maybe your 50 target is possible. Fingers crossed for you.
 
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87.0¢ 88.0¢ 86.8¢ $255.1K 292.6K

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8 13585 87.5¢
 

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88.0¢ 13379 6
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