ELE 0.00% 0.5¢ elmore ltd

Ann: NSL secures $10 million to expand production of wet plant, page-248

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 59 Posts.
    lightbulb Created with Sketch. 3
    Thanks Oxxa
    I suppose we will get forms requiring a vote to approve etc
    Instead of chucking those forms in the bin as i would usually do, this time im going to vote, so it is clear that i thoroughly DISapprove the free issue of performance shares for obvious non performance.

    I dont know enough about consolidation only to say that i have been involved as a shareholder in one in the last coupla years.
    I had shares at 1.5 cents and was quite chuffed when theyd moved to 2c over a few months. I made my biggest mistake by not selling then of course, because they announced a 10:1 consolidation, and now, what was consolidated to a 20c share, is now 4.8 cents, equalling a loss of over 66% for me. Is it purely to attempt to lure bigger investors/ instos because its then not seen as a penny stock?
 
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.