ELK 0.00% 1.4¢ elk petroleum limited

new post jv closing low

  1. 6,389 Posts.
    Well another 5% drop today should keep the ELK bulls happy. Another $1 million in market cap gone.

    Now 18 cents off the price since the JV was announced.

    With prices this low I wonder why all the highly paid ELK people aren't in the market picking up cheap shares?

    For that matter, when was the last time a BOD member actually went into the market and did an on market purchase?

    I'll change my sentiment to "BUY" if and when I see every member of the ELK BOD and management team pony up somecold hard cash and buy millions of shares.

    I guess that will happen when hell freezes over.

 
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