E25 0.00% 22.0¢ element 25 limited

depressed share price

  1. 1,397 Posts.
    lightbulb Created with Sketch. 57
    A capital raising at a time when it was not necessary. With millions in the bank and more than enough funds for the so called "working capital" and the so called "exploration" which is actually non existent, i also ask the question why was there a need for a capital raising with millions still in the bank? I want an answer on that from anybody here.

    And no the answer is not "working capital" and "exploration" is it?

    Keeping millions of dollars in other speculative companys while we just dulude our own company?


    Not only was the the raising at at heavy discount, we are down nearly 30% from that raising price with absolutely no buyers on the screen. This stock is screaming "finished" in my eyes and i dont see any future atm.

    Yamarna is finished and this is 0 in the pipeline for a company that was supposed to of had a future and so much potential.

    Now, can anybody here justify the above? I am all ears?

    This is my view as a shareholder.
 
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Mkt cap ! $47.85M
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Buyers (Bids)

No. Vol. Price($)
1 20000 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 52127 2
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