There is another Gap to be filled back in mid Dec last year from 35c to 40c!
this is the strongest surge in ELM I have seen for some time. By by day rising SP with increasing vol. 40c is well within and under valuation for this company if any potential corporate actions are in play, even if its not a takeover and its merely another subst holder.
Speculations only of course but like I said, its the best rally so far and with sps THIS low, it has ALOT of room to move.
K2P Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held