ELE 0.00% 0.5¢ elmore ltd

Who knows very difficult to say how the market interprets...

  1. 158 Posts.
    Who knows very difficult to say how the market interprets information. My expectation is that there will be significant interest from new investors/ traders getting in on the low market cap. Surely the news would force the share price to over 50mill market cap - even that is low in fact a bit of a slap in the face (to the coy) considering the resource at hand. Hence the share price could easily jump to something around 10-15c mark conservatively speaking. This is not a ramp by the way but a conservative and subjective guesstimate.
 
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