Stephen's options are dated for June 2013 (not December 2012 like the rest of the abused shareholders). So technically he can get another bite of the malaria season and issue reports 12 months from now to get his options across the line (after the shareholders stump up for another capital raising in November). Also, the SP of EMS has nothing to do with the wider risk on / risk off trading of the market. The SP slide is purely a function of (a) SC not being good enough at keeping the market informed, (b) the pending solvency risk, (c) the probability that we will not see trials finalised this year. No point applying fundamentals, technicals, support levels or anything like that to the SP of this stock as sadly it's been punt o'clock on EMS for a few years now. Binary event. Pure and simple.
EMS Price at posting:
1.3¢ Sentiment: ST Sell Disclosure: Held
