ELE 0.00% 0.5¢ elmore ltd

Ann: Trading Halt, page-20

  1. 12,191 Posts.
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    Just as I thought, more funding required and more dilution coming.
    "Over the last few years NSL has gone from 376 million shares to 846 million shares to 2,602,456,094 thats 2.602 BILLION shares. "
    Won't be long till its 3 BILLION shares, just think about it another 400 million shares at 1.2c = $4.8 million. Or maybe 4 billion shares ie another 1.4 billion shares at 1.2c = $16.8 million.
    That should keep them going for another 12 months.
 
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