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0.5¢ elmore ltd

Ann: Phase Two Wet Plant - Commissioning Update-NSL.AX, page-31

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oxxa23

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21/10/16

21:21

Post #: 20043128
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Originally posted by coppashaft ↑

I mentioned about 6 months ago that they would consolidate after the options expire converted or not, I also mentioned that they seemed hell bent on getting the options over the line at any cost in the way of announcing when every nut and bolt arrived was a dead giveaway, hindsight I should have re entered at that point.

Expect the sp to drift down and the 10%issue to take place at 3.3c or lower is my call, the options will soon become much cheaper as holders without the capacity to convert will start selling into traders with money that can convert (easy money) sp looks well set to hold above 2.5c at this stage imo

Don't be surprised to see a large placement soon as the pump is looking complete then the consolidation next year.

SP will be below 3c next week is my call as converters cash in unless they drop news of another free carried 50% gift

Let me have it lol

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Too many plants for you

NSL Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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