ELE elmore ltd
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Should do what OMH did recently and issue a private bond for $30...

  1. rocket973
    13,089 Posts.
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    07/12/22
    17:06
    Post #: 65202730
    Should do what OMH did recently and issue a private bond for $30 million at 10% interest annually for 3 years to help fund a US$120 million purchase.
    The CEO stumped up $3 million himself, the rest went family members and a few Top20 investors. Now thats what I call having faith in your company.
    Do ELE Directors and CEO have that kind of faith in the company? I doubt it.
    Last edited by rocket973: 07/12/22
    ELE Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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