ELE 0.00% 0.5¢ elmore ltd

valuation, page-17

  1. 193 Posts.
    Thinking it through; if a stock typically drops on consolidation (and I wouldn't know; this is my first experience of it) then I suppose it is better for existing shareholders if we have the consolidation followed by a flood of positive news; such as ore on ship, drilling results, etc...

    No point making any announcements now while the share price is effectively "capped" at 4c. Any such announcement would be wasted...
 
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