ELE 0.00% 0.5¢ elmore ltd

Personally I don't think there will be any dilution. At present...

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. 236 Posts.
    lightbulb Created with Sketch. 25
    Personally I don't think there will be any dilution. At present we have no debt, and announced record monthly sales for April. If the announcement is going to be about the purchase of Phase 3, then maybe Xinhai are willing to completely fund it, and we just pay it back on commercial terms. If they realize we are now on a good thing, and are planning to eventually expand to 40 times our current size, then wouldn't they want to do the right thing by us, so as to ensure they play a big part in our future.
 
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.