can someone please explain, page-13

The RS report was never going to send the SP flying, with so much over optimism on HC it was always going down!
It's all about the CO2, when and if this gets signed (hopefully in the next few weeks) ELK will be re-rated.
The volume today is very small compared to other big ann days so this is all good for the future. The large holders are staying onboard and hopefully we'll see the directors buying a few more at these levels.
All good for now.