EMM 0.00% 0.7¢ electrometals technologies limited

on track for good year ~ $1.23m order, page-2

  1. 549 Posts.
    re: on track for good year ~ another order! Market seems to have lost patiences with EMM, down on opening after annoucing new order.

    But then another order was announced and back up it went. A lack of buy and sell depth indicates this one could jump either way. ATM trading at less than NTA.

    From a review of past performance verus share price, it is my belief EMM will re-value greatly as more orders come in during the financial year.
    My data indicates a jump to 5 cents is next.
    Just look at their chart. In February the market slowed, taking EMM down nearly 40%. Since then world markets have improved and EMM has received additional orders for nearly $1.5M.
    Add to that the $1.36M order already underway, gives EMM 80% of full year's revenue in less than five months. Plus their expenses have been reduced as they let go their manufacturer personnal during last year.

    R,

    PS: saw some impressive photos on the other forum, including one of the portable unit I referred to earlier.
 
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