ELE 0.00% 0.5¢ elmore ltd

Ann: Commercial Purchase Order Received, page-234

  1. 442 Posts.
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    (Sorry about the crappy google chart, on my phone)

    So how about these apples, last Jan it was sitting at 1c now we are at 4c.

    In one year. Let me repeat that.

    In one year!

    LT means long term. The FA is still looking good, things happening as intended perhaps slightly later - but still.
    Market has priced in known facts. When more facts continue to appear price will re rate accordingly.

    Sit back and enjoy the ride without stressing about day to day pips or why the current price doesn't make sense.

    I'd be stoked should this get to 8-10c by years end.
    From here that's another 100%+ ........just saying.

    Going verticals not really useful at all. Slow and steady gains on the back of Cashflow and growth is what's needed for sustained price gains. The TA dips are great buying opportunities.

    Look out for next plant update and steel mill(s?) updates.

    All IMO only and not to be construed as investment advice.
 
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