ELE 0.00% 0.5¢ elmore ltd

Ann: NSL secures $10 million to expand production of wet plant, page-214

  1. 29 Posts.
    lightbulb Created with Sketch. 33
    Why would we be getting excited about this ?

    When FS joined as Cornerstone Investor we were at 2.5c , lead to assume that debt financing was on the way and that we were imminently about to order equipment for expansion.

    Now we are nearly 50% lower in shareprice, diluted to absolutely buggery (Completely UN- expectedly) and about to be decimated via a blasted consolidation !

    With absolutely no faith in the voracity of the officially supplied company information AND with a massive number of shares about to hit the markets.....

    Why the heck should we be excited about any of this ?
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.