ELE 0.00% 0.5¢ elmore ltd

We need an institutional or prominent investor now to kick...

  1. 294 Posts.

    We need an institutional or prominent investor now to kick things along.
    One Perth broker (can't recall name) wrote up NSL in local paper about 6 -8 weeks ago saying amongst other things "expect a re-rating soon". They've looked silly since then until last week. Were trading at 7.4c when they wrote them up. Time for that broker to get clients buying in now at these levels.
    A close above 6.6c would be another good day, even though has traded at 6.9c. Market flat today and a lot of nervousness out there. If broker pushes it (Cedric wil be on their back) we could see close over 7c.
    ASX200 could finish down, but these small caps can still perform well in uncertain times; as NSL has.
    Good luck all.
    TRIG
 
watchlist Created with Sketch. Add ELE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.