With some forward momentum from the markets in general it is likely that we can expect to pick up some of the slack and move upwards in the 2 to 3 range...... I will be very surprised if we can break into the 3s without any ANNs from headquarters.
There is a lot of goodwill out there hoping that EMS will succeed BUT goodwill alone doesn't make the unsentimental market drive a SP upwards. What we need now to keep the recent rises continuing is a steady stream of ANNs...... Unfortunately I don't think this will happen... Why not?.... SC has no interest in the daily share movement , his focus is firmly focused on the successful completion of he testing programme, the final report and the subsequent trade sale. Remember apart from oppies he holds no shares to distract him in his decision making..... All the virtues of a Jedi knight!!!!
There will be no dribbling of what we shareholders perseve to be important news, I think SC will concentrate on specific news i.e. seat at Bob Carrs conference table, stopped raining in Ghana, PP testers need a new Biro to complete the report, trade sale negotiations will be led by Gerry Harvey...etc
Whilst the SP would benefit with constant news I genuinely believe that EMS are within touching distance of what is the Holy Grail as far as EMS shareholders are concerned... The ANN to the market that the trials and report have been successfully completed and here are the results...then stand back and watch the market reaction...until this happens the SP will move slowly upwards, probably at the urging and encouragement of existing shareholders (like me and other regular HC posters) who have given up on making rational decisions as far as their EMS investment is concerned.
To use a golfing analogy.. we don't need a hole in one ... just keep out of the rough, avoid the water ,stay on the fairway and the results will come.
Enough ramblings from me whilst waiting for Sally Pearson to start the final of the 100m final and hopefully win the Gold Medal...... Perhaps Sally would be a better analogy for my EMS hopes rather than my golf analogy.....a real Aussie battler who works hard, overcomes the hurdles on the way and wins the ????? medal at the end of the day.
kippax
PS I have changed my sentiment toST Buy as Xmas is getting close.
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