ELE 0.00% 0.5¢ elmore ltd

Ann: Trading Halt , page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 37,286 Posts.
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    ""If the two legs to the announcement are related, it could be a forward sales arrangement whereby money is delivered early for the future delivery of product.""

    who's going to pay for something which they haven't yet received..????

    the local companies would be looking for at least 30 day credit.

    my guess:

    1) capital raising.

    2) offtake agreement signed with one or more local companies.

    they need to get agreements signed for local and international companies.

    put themselves on the map over the next year or so.

    ..
 
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