EMM 0.00% 0.7¢ electrometals technologies limited

no news....., page-4

  1. 21,227 Posts.
    i have had this donkey for years. i only keep holding, because there always seems to be something just around the corner. obviously the technology is tantatalizing, as some big names have been interested. even the last placement of a few million shares at 5c was interesting, insofar as the placement was done at market - and indeed, the market is so thin, that nobody taking up shares, would ever have a chance of ofloading them - and the placement raised over one million dollars. compare this to recent placements by lum (another one of my dud stocks) where there may have been some suspicious circumstances, where a recipient was able to offload immediately, a substantial number of shares.

    i should have got out years ago, when they spiked to 50c - however issues such as tax, and child support, almost made it not worthwhile to sell. mmmm these issues mean that up to about 80% of profits can be lost -now i can use it as a tax loss, against profits
 
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