ELE elmore ltd
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Ann: Significantly Oversubscribed Placement Commitments $3.2m, page-5

  1. baldwidx
    1,386 Posts.
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    02/03/16
    10:20
    Post #: 17163114
    I don't see how this is a good thing, we had the money available, under good terms from Magna to continue with operations, they would have had to have paid a 200% premium. How is diluting the shares, at a lower than market price a good thing?
    NSL Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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