ELE 0.00% 0.5¢ elmore ltd

Ann: S708A Notice & Appendix 3B, page-12

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. 14,055 Posts.
    lightbulb Created with Sketch. 395
    It is a $2.5mill facility that can be drawn down at any time at a 15% discount to the 5 day VWAP so this may go on for a fair while.

    Totally controlled from now until the facility is no longer needed and I thought that 200k ramping up to 500k a month would have given the company other options.

    Maybe they will only need a few more draw downs but it looks like it may well be a ball and chain to the sp for a while
 
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.