ELE 0.00% 0.5¢ elmore ltd

Ann: NSL secures $10 million to expand production of wet plant, page-260

  1. 394 Posts.
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    TBH, although very annoying, I'm not worried about Magna flooding the market with shares. The only thing that is going to impede growth and therefore appreciation in the share price is managements inability to convert on sales targets. It is now 18 months since they first projected cash flow positive. What we need is demonstration of a viable business. This quarter for me is the turning point. There is absolutely no excuse they can have for not meeting the target they put out there - $2.3m for this quarter!
 
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