ELE
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0.00% 0.5¢ elmore ltd

Major holders often participate in placements just to supply the...

  1. moppo
    836 Posts.
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    26/08/16
    18:04
    Post #: 18720909
    Major holders often participate in placements just to supply the company with cash
    Selling with little to no profit on market just to boost the companies balance sheets
    The last placement saved using the Magna facility so in reality was a saving of 7% royalty for major long term holders plus small profit on market
    NSL Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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