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ELK PETROLEUM LIMITED (ASX:ELK) - what a joke, 13255051, page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
ELK
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0.00% 1.4¢ elk petroleum limited

This stock will drop to under 10 cents.Only a few months ago...

  1. Lefevre
    7,857 Posts.
    lightbulb Created with Sketch. 302
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    15/04/14
    17:39
    Post #: 13255051
    This stock will drop to under 10 cents.

    Only a few months ago they borrowed some money from some loyal shareholders and gave them free options which will now be worthless.

    Forget new projects. If the directors were fair dinkum they should all resign and put in skeleton management until grieve is up and running instead of wasting further shareholder funds. Otherwise they will be raising funds every six months further diluting existing holders over and over again.

    ELK has become a mining company. Mining shareholders money.
    ELK Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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