ELE elmore ltd
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game changer, page-4

  1. Manchikken
    555 Posts.
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    13/03/13
    12:45
    Post #: 11532106
    Agree that the market's lukewarm response is frustrating.
    My understanding of the announcement is that the deal isn't dilutionary because it's not a shareholding in the Australian parent company, just in the Indian mining subsidiary. Cedric has set it up to protect his shareholders' interests.

    NSL Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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