ELK 0.00% 1.4¢ elk petroleum limited

Ann: ELK increases acreage at Grieve Project , page-11

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  1. 2,412 Posts.
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    Have to agree with you there Hectobar. What kind of ASX listed speculative company advertises on the radio. Especially considering the fact that not many Australians, including sophisticated investors, would even be familiar with EOR.

    I seriously doubt the advertisement would have been long enough (I hope it wasn't cause that would have cost even more) to explain what EOR is. What an absolute waste of shareholders money as reflected in the zero impact it has had on the share price.

    Makes me wonder now if their trying to push up the share price in the short term to carry out another capital raising!!
 
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