ELK elk petroleum limited

By now those selling to fund the SPP will have finished due to...

  1. 4,837 Posts.
    By now those selling to fund the SPP will have finished due to T+3 settlement......are the current sellers disgruntled shareholders who have no faith in management or Pattersons investors making a quick buck at our expense????............... Will the SPP plan be fully subscribed?? at these prices it probably wont be....in which case I suspect management will dump the remaining shares with an institution who will take them and dump on market to make a quick buck, all at our expense...and further hold down the price....of course they could also take the shares themselves....
 
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Currently unlisted public company.

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