It all depends on the amount one holds in Elf ex.20 million at 1c increase 200,000, quite significant to the % saved. All holders ELF, options would not have needed this if management had delivered. It similar to the African problem, the Govt let them in against S/H wishes, now extra resources needed to curb the problem, and like this the S/H carry the can. Quite ingenuous expecting themselves to wear the blame, when can tell S/H its for their benefit? While having no idea how to fix it, as those matter are in someone else hands, and they care even less.One must really ask??why the hurry, has hell frozen over, is it delayed again, so many false starts?? The decision is layed bared for all to see, only some suffer more than others?Why would it be signed off??? They have said the same think 2/3 yrs ago, its like the boy who keeps crying Wolf(hence the S/P 1C), Nobody listening anymore, one must know when to cut their losses.
ECT Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held