ELE 0.00% 0.5¢ elmore ltd

Ann: Notice of General Meeting/Proxy Form , page-7

  1. 34 Posts.
    Apologies, I missed this.
    as stricker says this is in fact a positive. management who should have the best view under the bonnet are committing capital and I guess restricting the placement and therefore restricting dilution, hopefully with the expectation that there will soon be enough cash generation to sustain development and production.
 
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