ELE 0.00% 0.5¢ elmore ltd

Ann: Commercial Purchase Order Received, page-222

  1. 770 Posts.
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    Hey guys, everyone seems a bit disappointed in the share price the last couple of days but remember it wasn't that long ago we were capped at 6-10M....now we are at 100M. Totally different ball game. Not taking away the exceptional work management has done of late but a lot of what has happened over the last few months (and what is to come over the next few months) has already been factored in to todays current price imo. Not to mention a lot of cheap shares still floating around from converting oppies...can you blame anyone for cashing in on many multiple bags already when there's a good chance the price will sit at this level for a while!? Would like to be proven wrong of course...but I think 100M for this company as it is today, even with its potential, seems like a fair price to pay.
 
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