I hope I am not getting too far ahead of myself but I've been doing a lot of thinking about ELM over the past few months. I hold 50,000 shares at an average of 50 cents.
The share price performance has been exceptional and there is so much talk about it's continued prospects, takeover possibilities etc.
What I've been thinking about is the chance of a takeover bid this year, particularly if two or more companies start a bidding war. There may be a chance of a $6-$8 offer (or more!) This would change my life - I really can't imagine getting $400,000+ in one transaction - my wedding and mortgage would be paid for.
As I said I hope I am not dreaming (and this turns into a nightmare) or something else untoward happens - but I really am starting to get excited. Have I finally found the "one" after 15 hard years of toil on the stock market.
Good luck everyone!!
K2P Price at posting:
$2.47 Sentiment: Hold Disclosure: Held