ELE 0.00% 0.5¢ elmore ltd

maybe 20 cents by march, page-5

  1. 3,577 Posts.
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    going by the announcements, and them wanting to achieve 5mpta within 5 yrs , which will be calculated in the forward running PE ratio in 4 yrs.. but until 4 yrs the company would have increased its growth 4 times from the beggining.
    that is one aggressive approach if you ask me, and would be a hell of a ride if all can be met. plently of ann in regards to potential aquisitions, some coming to fruitation.

    what is up with the capital raising having to do it with a consolidation @ 20c, the ratio which is yet to be determined " as they say". but say they do it at 3c. that would be a consolidation of 1:7, which inturn would put nsl's outstanding shares @ 120-140M ( 850 / 7)
    so if they do a cap raising at 20c, wanting to get 10M. that would be 50M share dilution... much better than 4-500M share dilution at at 2.0-2.3c with discount.

    opinions?





 
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