ELE 0.00% 0.5¢ elmore ltd

break out, page-6

  1. 2,901 Posts.
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    Markm- dont think this is being manipulated just lots of people with a motive to buy and lots with a motive to sell.

    Motive to sell you bought at 2.6 c and an instant 25 to 30% profit is tempting.

    Motive to buy $33 to get it onto a ship $17 thereafter.
    Current selling price $100 -probable contract price $85

    Margin $35 Two operations doing 40k tons per month and we have a million tons and a margin of $35 mill or the current market cap
    Speculators dream and bound to have intrigue in the next month or two providing you havent bet your boot son it
 
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