ELD 0.65% $8.53 elders limited

market cap

  1. 838 Posts.
    Elders market cap M$97.That is woeful. What game is being played here. I cannot get my head around the selling except its being pushed down simply to scare out the weak before a concerted push higher.
    I've got to say that I am not a fan of funds being able to short stocks simply for profits sake at the expense of the weak. Yes I know you can easily argue the opposite but in the end stocks prices should reflect the value of the company and it doesn't here imho.
    Yes its a silly argument of mine but that's how I'm feeling at the moment. I invested in Elders because I believe in the future and I don't want to see it played with at its most vulnerable time as this is what I consider manipulation and there should be a safety nett in terms of how much a stock can be manipulated. I think it is time for the company to release some update to give investors a clearer picture one way or another as this would help level the playing field.
 
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