ELE 0.00% 0.5¢ elmore ltd

Ann: Production Expansion Update, page-29

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  1. 123 Posts.
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    Jhurn, I tend to agree that we will drift below 2c. To me I think the share price has held steady around 2/2.1 for some time now, is of the expectation of the "Phase 3 is ordered" announcement and now with this not happening until early 2018 at best and no production figures untill 1st of feb there's not much to keep the market happy and unfortunately with so many other spec sectors doing well people will move out of NSL knowing there is plenty of time to get back in. Unless they pull a rabbit out of the hat at the agm next week i expect a couple of quite months ahead.
 
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