ELE 0.00% 0.5¢ elmore ltd

consolidation, page-56

  1. 3,551 Posts.
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    i made a massive decision today to sell my shares.
    I thought about what some of you fellas said about not updating the shareholders regularly and being not detailed in their ann.
    I didn't sell because i don't like the story.. rather sold so i don't go through the same rd as i did a yr ago when a major disappointment was ann ( rather not say)...
    Yeah it is starting to make me nervous, the latest selling is consistent, smashing down the 3's like a pack of dominos.. took ages to complete the 3 to 4c range.. now its as if im back 6 months.. lol.
    I seriously do not like the fact that management have not updated us fully with a ann in regards to how much they dug out, and how much it will cost exactly.. this has the market rattled..
    I believe we wont get any major updates until after consolidation, and thats april 15, some may think that is too long to wait, some may feel that the suspension period is too long to wait in the unknown...
    if this happened but i knew what the company was doing exackly and was regularly updated, id be holding .. as long as of course the ann are good. but right now i feel like im stabbing and hoping as to a favorable outcome.. 3 times already in the past it hasnt been as favorable which only one major disappointment lead to nsl being .005.. we dont need that, we need substance, and we need to be fully aware what is coming around the corner..

    I dont care if i bought in at 4c or higher price from what i sold, i just want real facts not " we are on track" " its a nice day in india".. COME ON!!...

    believe me, i sweated when i pressed the sell order today... it took me a hr gazing at the screen... i think i did the right thing, to wait out and asses my options with more material from the company.


 
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