ELE 0.00% 0.5¢ elmore ltd

I must say a capital raising was not something I was...

  1. 207 Posts.
    I must say a capital raising was not something I was expecting.

    From reports and conversations I had with NSL it appeared all was going to plan and I was advised by Sean recently cashflow wasn't an issue and the Letter of Credit was more than required to meet current committments.

    If I had to guess, the only thing I can thunk off is another 'Bolt on' opportunity has presented itself and they are raising acpital to secure an opportunity.

    I guess we will all find out in due course ?
 
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