ELE 0.00% 0.5¢ elmore ltd

re: need a update looks like a little bit of interest returning...

  1. 133 Posts.
    re: need a update looks like a little bit of interest returning :)
    less than 3million on offer to 5c, we wait in anticpication for updates on cap raising! At the moment we need to remember that this stock can fly on positive news. Only 300million or so shares on offer, of which the majority held by top 20 stock holders...

    The long term outlook on iron ore demand and price remains strong and it would not suprise me one bit if the chinese made a play on NSL. they have been keen on increasing there stakes on aussie iron ore juniors for some time and there attention could slowly shift to there neighbours...
 
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