With Tranche 1 shares hitting the market any day now it will be interesting to see what happens over the next couple of weeks.
1. Will the holders of the 9.3m new shares dump into the market to secure a stag profit? 2. Will buyers dry up after record date for the SPP 3. Will a new shareholder list show that Healey has increased his holdings. 4. Will ELK release the SPP details this week or next 5. When will ELK release the next positive announcement 6. Will Doolang have the last laugh!
Should be a good rollacoster
DJ
ELK Price at posting:
13.0¢ Sentiment: None Disclosure: Held