ELE 0.00% 0.5¢ elmore ltd

Hi JoeborgoI really am at a loss as to why the SP has dropped...

  1. A9X
    252 Posts.
    Hi Joeborgo

    I really am at a loss as to why the SP has dropped other than to think that the market IMO anticipated the majority of projects being locked in prior to consolidation. Observation over the past week one would have noticed a steady drop in buyers that may have filtered into a drop in the SP. Not all investors wait for years for companies to realise their potential so some may have chosen to move on.

    IMO more clarity is required in their announcements now not during the consolidation period. (Bit of Deja vu of last year)

    I will hold but for now,but am at a dither why we dont have more regular updates especially at a defining moment in this companies future prospects.
 
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