ELE
Click for more information
0.00% 0.5¢ elmore ltd

Hi every one and Happy holidays, just a little math lesson 2.5...

  1. stricker
    647 Posts.
    lightbulb Created with Sketch. 12
    clock Created with Sketch.
    30/12/16
    11:19
    Post #: 21606020
    Hi every one and Happy holidays,
    just a little math lesson

    2.5 mil usd at today's rate = 3.45 mil aud
    6% of 3.45 mil = 200k assuming only 1 yr interest outstanding
    Total converted = 3.65 mil AUD
    Less 500k payment
    Hence 3.15 mil/90 mil = 0.035

    But effectively we just placed 3.5mil worth of stock at above market price!

    Hope this helps, cheers everyone GLTAH
    NSL Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

MCT Metalicity looking for offers on Admiral Bay zinc project
right-arrow Created with Sketch.
NEWS Real estate dynamics & changes raise investor doubt
right-arrow Created with Sketch.
FG1 Flynn Gold flags mid-grade drill hits and always eye-catching rock chips
right-arrow Created with Sketch.
NEWS Capital raisings wrap: Brainchip, Ovanti, Lake and VHM
right-arrow Created with Sketch.
FHE Frontier Energy lines up $215 million debt financing from Mike Cannon-Brookes-backed Infradebt
right-arrow Created with Sketch.
IMR Imricor raises $35M to pursue growth and expansion into Australia and NZ
right-arrow Created with Sketch.
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
(20min delay)
Last
0.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $24.27M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
ELE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.