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Ann: Proposed issue of securities - ELE, page-5

  1. Red.Adair
    294 Posts.
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    13/01/23
    15:15
    Post #: 65679368
    The following are my notes from the CR conducted in AUG2022 at $0.03 after first revenue was announced:

    o NEVER meet commitments
    o NEVER offer CR to SH
    o CR being completed on onerous terms
    o CR 12% discount even though there was FirstR
    o CR To expand production - Why not fund from FCF?


    ELE Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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