ELE 0.00% 0.5¢ elmore ltd

This is what happens when you give shares away at a discount to...

  1. 581 Posts.
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    This is what happens when you give shares away at a discount to so called "sophisticated" investors. First chance they get to make a 50% gain they will take it and stuff the shareholders.

    With all the shares offered to these guys how come their shareholding stays the same from year to year.

    They should be sold on escrow if they want a discount otherwise sell them to us. Why should these RICH clients of stockbrokers get a windfall and then bail as soon as possible.

 
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