As the price as drop about 50% in the last 3 trading clearly it has been oversold. It could be peoples margin triggering and tax loss selling causing the shares to fall so much.
People you have to remember that Epm power is a profitable company with real revenue not a penny stock with just an idea.
So I believe value investing comes into place, which opens up a great opportunity.
If they pay out the same dividends as last year you will receive roughly 15% return, therefore satisfy the cost of holding and sure beats the any bank interest rate. Think of it as a term deposit, long term play.
Comparable business enterprise values are worth multiple times Epm current market cap, could be potential a private equity target.
The last five years the company has been profitable.
It has a Book Value is around $1.34 a share.
As the price as drop about 50% in the last 3 trading clearly it...
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