re: on track for good year ~ another order! Market seems to have...

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.