EMM 0.00% 0.7¢ electrometals technologies limited

more director buying, page-5

  1. 303 Posts.
    Any frustration with EMM SP would depend on when you bought in I suppose. If you bought higher than todays price it would be frustrating. If you bought 2 to 3 years ago you would be pretty content and sitting on returns over 100%.

    To me the recent strong director buying underpins the reasons I first entered the stock - it is a growth story albeit a relatively slow one if your looking for overnight millions.

    I would think all companies take advantage of a strong market to raise funds. In 03/07 they quoted the raised funds (5.3 million) would be used for "International Expansion aimed at enhancing & exploiting EMEW technology".

    Since the raising we have seen in 05/07 a joint partnership with a Canadian company for a high purity metals project and in 11/07 the acquisition of the UK company Kurion Technologies.

    I think most holders would encourage EMM management to broaden the scope for income producing initiatives.

    I know nothing about AET so won't comment.
 
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