ELE 0.00% 0.5¢ elmore ltd

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  1. 3,284 Posts.
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    The fundamentals have been the same for a while now, the SP is the thing that's getting better.

    Most people will shut you down for asking people to give you valuations. I will however say that someone on another thread on NSL sees a short term target of 4-5c assuming everything goes to plan and people get behind the stock.

    A fair valuation would say that they will likely be worth more than they are now once they are cash flow positive, but I doubt anyone can tell you a good guess.

    Total MC of $7m, potential for $6m a year in revenue and further production. Depends how you want to value a stock but all I know is it's a cheap buy now (especially NSLO) and is likely to trend up from here on.
 
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