ELE 0.00% 0.5¢ elmore ltd

Ann: NSL secures $10 million to expand production of wet plant, page-280

  1. 12,144 Posts.
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    the first buy from FS could be a shot in the dark, but this second FS buy cannot be a stupid buy in of $5m...

    tey must be having a different perspective of this business imo... yes, big biys are also wrong many a times but these are not the big boys of the CS or GS or MS size - this size of investors are very smart as they cannot afford a $10m deal go wrong while CS or GS or MS can absorb a billion $ deal go wrong and not wet their pants...

    I am hating NSL at,... too many signals to exit but as my buy in was around 0.3c, I was a bit blase about the fall...

    fingers crossed for a better run now - on a short leash now for me !
 
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