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18.0¢ kore potash limited

Who is the seller?, page-20

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Gareth3h

46 Posts.

24/04/15

14:29

Post #: 15150414
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Originally posted by ddzx ↑

$3 was when potash was selling for $550/t and ELM had 190M shares & options on issue

today, potash sells for $350/t (to Brazil) and ELM has 480M fun tickets

the profit margin is now 45% less than before and the shares on issue 2.5x more than before

this makes $3 in April 2011 equate to 66 cents today

($3 x 0.55 divided by 2.5)

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381M Shares on offer not 480M

K2P Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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