ELE 0.00% 0.5¢ elmore ltd

Just heard from a broker/analyst from Sydney, who incidentally...

  1. 732 Posts.
    Just heard from a broker/analyst from Sydney, who incidentally recommended the stock when it was trading at 3c per share equivalent of 12c per share.

    I bought then sold then bought at 4c, so I am down from 20c to 8.5c at the moment. I don't have a lot of faith or respect for the management to be honest.

    Management is such a vital aspect to any company you invest in and is usually the hardest thing to analyse also...

    Unlike my largest holding Cape Lambert Resources (CFE) who seem to have good management.

    Disc: Buying more CFE at 37c today
 
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