ELL ellendale resources nl

I must be losing it as I cannot for the life of me understand...

  1. osheab
    405 Posts.
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    12/05/04
    10:10
    Post #: 464735
    I must be losing it as I cannot for the life of me understand what is holding this baby back. Announces sale of Ellendale Tenaments for $3,450,000 with a 1.5% royalty on any future profits which revalues SP to up 7+cents and not a whisper.

    Anybody got any ideas? Maybe the fact that there are only 44 million shares available just makes this company too small. I don't know.
    ELL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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