ELK elk petroleum limited
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Takeover - it isnt going to happen no matter how undervalued the...

  1. davo22
    4,837 Posts.
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    05/06/07
    11:38
    Post #: 2511182
    Takeover - it isnt going to happen no matter how undervalued the shares are.

    Remember you need 90% for compulsary acquisition. Too many shares are held by directors, relatives and some of us that beleive the company has a bright future. Just look through the top 20.
    Cheers
    ELK Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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