I do have some buy orders in place but if this turns out to be the big crash that everyone’s been expecting for a long time now, then even Grieve won’t save ELK especially with their high debt levels.
Nevertheless, I am hopeful and suspect that this is merely a much needed correction as there has been no major catalyst so far that would warrant an actual crash... yet.
I remember your username, Nagarjuna and I suspect you’ve probably been a shareholder as long as I have been and probably even longer. I recall your posts from many, many years ago were always very ‘insightful’ but you very rarely posted on Hotcopper. I’m hoping that you’re posting a lot more now because you’re getting excited that we are finally going to get rewarded for our patience!
All the best with your investments.
ELK Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
