ELE 0.00% 0.5¢ elmore ltd

Ann: Commercial Purchase Order Received, page-251

  1. 484 Posts.
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    I bought in last year, so I'm relatively new. I wondered about the history of NSL and did some research on charts and announcements, and perhaps some of the long-term holders can explain the history better, but it seems that it was a biotech of some kind, which had a rebirth as a mining company in 2008. It spiked briefly to 50 cents, then drifted down and never recovered that high. Nine years is a long time. Those who got in early were burned or disappointed, too many CR's, too slow for them. I have a few shares that disappointed me badly and although it's not rational, even though they might be recovered I will never invest in them again. Human nature I suppose. So I do wonder how much the history of this company is working against attracting investors. They have to earn trust again, and that could be a slow process.
 
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