ELE 0.00% 0.5¢ elmore ltd

have we seen the bottom, page-8

  1. 294 Posts.

    Thanks Stricker. Yes I did follow through and double holdings at 0.046. Can put a stop loss on that purchase now.
    I felt Cedric wasn't saying all he would like to when I spoke to him 25/3 as I reported on here. He did sound very relaxed and confident but never having talked to him before I had no way of reading him except a gut feel.

    Vol 1.2 mill atm which is encouraging. Buyers outnumbering sellers 4:3. But even that volume gives a very small value for the day. What is encouraging is the moves of .005 at a time. 5c, 5.5c, 6c. Movements accentuated by lack of stock to sell and sellers are holding back - hope it stays that way. With the buying pattern, the buyers seem to accept they have to bid up the 0.005 to get any qty.

    A positive anouncement would be very timely but not expected until end of month on main project, but they have other deals going on.

    Fingers crossed for all of us and may the buy volume at least quadruple in the next few days.
    TRIG
 
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