ELE 0.00% 0.5¢ elmore ltd

Ann: Commercial Purchase Order Received, page-225

  1. 770 Posts.
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    I totally agree the potential is there and always has been.

    Just seems like a lot of people were expecting the price to jump to 5 or 6 cents on the back of a $260k order.

    I am just trying to put things in perspective, especially for the newbies who are wondering why the price isn't going up and up when we see an announcement like we did yesterday. A change in 1c adds a value of approx $25M to the company.

    A lot of investors (including myself) were already factoring in approx $6m + of annual profit, when they bought under 1c.

    Again, totally stoked with the way everything is going and continue to hold long term. Just don't think we can keep expecting massive gains on the back of announcements that are ticking off / confirming what we already knew or were expecting to happen.

    Cheers
 
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