ELE 0.00% 0.5¢ elmore ltd

Just shy of $1M was traded today with the majority at .019 but...

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    Just shy of $1M was traded today with the majority at .019 but the the line in the sand was drawn at .018 - supply was absorbed - whilst there would be retail involved, to my eye today speaks of professional involvement (support). I wouldn't call it bag holding but its fairly close.

    That doesn't mean there won't be a CR, and it doesn't let management off the hook for their opaque and spun announcements, but some group sees that there is a quid to be made from defending this price.
 
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