ELE 0.00% 0.5¢ elmore ltd

whats the possibility of negative news, page-19

  1. 15,746 Posts.
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    "already factored in??? there is only 300m shares on issue with a tiny market cap... what you think is going to happen when the geo report comes out identifying 200mt+ of iron ore???"


    well, one thing that is going to happen is they are going to issue 1-2billion shares at 3c to Austind, and austind are going to need to offload a few hundred million of them for capital.

    you have done very well so far, but is it reasonable to expect the sp to go much higher?

    ps this is not a downramp, please don't assasinate me


 
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