ELK
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0.00% 1.4¢ elk petroleum limited

Ann: Trading Halt, page-6

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  1. speculator101
    7,303 Posts.
    lightbulb Created with Sketch. 664
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    07/05/18
    19:47
    Post #: 32938126
    Hi Dan,

    I agree the company has stated they want more of Madden, so it could potentially be for that, but... after the quarterly, I just (gut feel) think that it will be to shore up the balance sheet. Perhaps B.L wants to get it done now, so that by Nov/Dec, it will be long forgotten etc?

    I wonder if the price will be above the last raising price of $0.062.
    ELK Price at posting: 7.3¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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