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0.5¢ elmore ltd

waste of time looking at market depth, it's one of the worst...

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nt_1973_au

8,072 Posts.

107

10/03/17

21:14

Post #: 23264774
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Originally posted by Waldo777 ↑

Anyone else get the feeling that all those 2 million unit bids which magically appeared today at 3/3.1c are just props by someone with big $ at stake to keep the share price high enough to distribute?

If those huge bids hadn't appeared early afternoon then this would have closed at 2.9/3c at best IMO.

RF still have tens of millions of shares left at an average of 3.2c (NOT 3.8c as some here seem to think).

Yes, NSL still has lots of potential and share price upside but even someone like myself who once had 100%+ of their capital in NSL can see that there is now significant risk and far better opportunities elsewhere.

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waste of time looking at market depth, it's one of the worst indicators for trading, imho.

NSL Price at posting: 3.2¢ Sentiment: None Disclosure: Held
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