those holding gnl well really gnl is worth about 30-40c a share anyway 4c has really been massively undervalued so buying it for the long term at 5c. and holding ELL at any price below 15c ( soon to become GNL is really a massive bargin)
market just dont see the value as far as the trading halt. Could be ell news ( tho they should be in trading halt) could be capital raising, could be drilling news from erayina ( remember its going ahead at the moment), um could be mt bevan clarification, could be a takeover offer for or from JMS.
Really ive got no idea just drawing conclusions ( well possible conclusions) from recent annoucements. So going to be interesting have held for 4 years and going to hold a lot longer
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