ELE - Elmore Ltd

[jtb]

Re: NSL - NSL Health

Sold over a period of time. Not all at one go. They still hold 32,599,298 shares or 11.26%. I will still hold based on the research presented here ATM. Any other thoughts from the more informed posters?

Considering the recent volumes- if he wanted out I'm sure he would have no problem offloading the rest.

At the end of the day 180 grand is 180 grand.

If I had of been able to watch the recent peaks above 3c I would also have shed a couple for a quick 40%.

Can't look a gift horse in the mouth.

 

[YOUNG_TRADER]

Re: NSL - NSL Health

Something is really suss here,

The Directors and Stienpris hold over 200m shares,

So why sell 6m? It looks like anytime the stock looks like its going to move up they try and hold it back

I don't know, but if it were me and I seriously wanted to get my shares out I would have sold every single one last monday on the 80m volume day, yet they sold like 1-2m that day

Wierd

 

[Scuba]

Re: NSL - NSL Health

Hiya YT,
what would I know, but one viewpoint is that these guys are holding out for what they know could be a speculative and daytrading rush the likes of which has appeared many times over the last six months (EGO, FDL, JRV and GDA to name a few). It would be nice to know their reasoning though...
Scuba

 

[Nathan_b]

Re: NSL - NSL Health

yt when do you think we will see more action on this?

is it quiet because its a speccie in current market or what? it looks ripe for take off in my eyes.

 

[JJKools]

Re: NSL - NSL Health

It sees to have reached its bottom and IMO a bargain buy. A tiny market cap, with loads of potential. Its big play is obviously Iron ore in India. Many analysts are tipping the price of iron to increase by upto 70% this year. News from its indian iron ore is said to be due soon and if all being positive i'd expect some nice appreciation in SP. Plenty of potential upside in this one, though very speculative

 

[kpas]

Re: NSL - NSL Health

Announcement out:

1. More rock chip samples to support their previous anny
2. Applying for mining leases
3. Capital raising

 

[kpas]

Re: NSL - NSL Health

Announcement out:

1. More rock chip samples to support their previous anny
2. Applying for mining leases
3. Capital raising

Also, they have basically declared that the JV is unconditional at end of the month.

This is a very positive announcement.

 

[ASK]

Re: NSL - NSL Health

im liking it too. Last chance to get on board ... i think we will see close to 2.5 today based on that news - very postive

 

[kpas]

Re: NSL - NSL Health

im liking it too. Last chance to get on board ... i think we will see close to 2.5 today based on that news - very postive

It churned for so long at 3c last time, it is very disapointing to see it down around 2c now.

Especially with an announcement like this, I am surprised there is not more people jumping on board.

2 weeks til JV unconditional and possibility of less then 2 weeks until they announce the resource estimate.

 

[ASK]

Re: NSL - NSL Health

haha easy tiger, markets been open for 35 minutes lets see what happens by close.

But yeah, you're right - its going to take a bit more than this to hold at over 3 cents.

 

[Aargh!]

Re: NSL - NSL Health

im liking it too. Last chance to get on board ... i think we will see close to 2.5 today based on that news - very postive

Do you want to elaborate on that point with some analysis? You predict a 25% gain in one day?

Or were you just outright ramping?

 

[ASK]

Re: NSL - NSL Health

Do you want to elaborate on that point with some analysis? You predict a 25% gain in one day?

Or were you just outright ramping?

i dunno mate ... have you actually looked at the announment?

then maybe you might have some sort of idea

 

[Aargh!]

Re: NSL - NSL Health

i dunno mate ... have you actually looked at the announment?

then maybe you might have some sort of idea

Yes of course I have read the announcement. Perhaps you should read ASF posting policies RE ramping and backing up statements with some form of analysis not just "2.5c at close".

 

[ASK]

Re: NSL - NSL Health

Yes of course I have read the announcement. Perhaps you should read ASF posting policies RE ramping and backing up statements with some form of analysis not just "2.5c at close".

Its not a ramp .. ive read the report, and personally i think there is potential for some big gains today - very bullish announcment.

you can say what you like mate, but its my opinion and im expressing it

best of luck to all NSL holders.

 

[Sean K]

Re: NSL - NSL Health

Its not a ramp .. ive read the report, and personally i think there is potential for some big gains today - very bullish announcment.

you can say what you like mate, but its my opinion and im expressing it

best of luck to all NSL holders.

Thank you to other members for maintaining the ASF standards here.

ASK, please ensure that if you post ANY price target it is accompanied by some attempted FA and/or TA to support the 'valuation'.

In this case, it seems your guesses at the EOD price are completely random.

Please keep the 'analysis' flowing...

Good luck to NSL holders!

kennas

 

[Birdster]

Re: NSL - NSL Health

Hmmm seems this thread got more action from the ann than the SP!

Maybe the next ann with results and/ or(e) confirmation of a mining permit will make the train leave the station.

Spec stocks are boring when they just sit there!

Good luck to all other NSL holders

 

[YOUNG_TRADER]

Re: NSL - NSL Health

There are alot of traders on NSL and as such it SP movements will be volatile and large,

I am waiting for the results of further work as well as target estimates etc etc which according to the ann will be out late Feb, so 1 more month

With a mkt cap under $6m the company is and has always been a cheap spec that offers very high returns

I am still confident that once all that dust has settled on NSL these 1.8c levels will prove to be a distant memory but thats just my thoughts

 

[Scuba]

Re: NSL - NSL Health

***Today (1st Feb 08), 09:25 AM***
Announcement out:

1. More rock chip samples to support their previous anny
2. Applying for mining leases
3. Capital raising

...See "Pimping" Post Friday 01/02/08 09:07am at the Sharescene NSL HEALTH thread for the original post...

Copy and paste specialists who don't link to the original

 

[YOUNG_TRADER]

Re: NSL - NSL Health

There are alot of traders on NSL and as such it SP movements will be volatile and large,

And here come the traders, it will be interesting to see exactly how NSL plays out this time,

However this maybe due to the update re the Indian Ore project, but as per the last announcement I thought it wasn't due till the end of Feb

Well bring on some news

 

[nioka]

Re: NSL - NSL Health

Certainly good volume and a 30% price increase today. It is easy to see why traders like these penny stocks. Look out for the results of the sampling in India or is it a case of someone has the results already. After all anything could happen when the business is conducted in India.