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Electra Battery Materials Corp. V.ELBM

Alternate Symbol(s):  ELBM

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park, which will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, to become a reliable supplier to both North American and global EV and battery supply chains.


TSXV:ELBM - Post by User

Comment by Spankieon Sep 16, 2021 8:46pm
250 Views
Post# 33875529

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FCC and it's aversion to Good News.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:FCC and it's aversion to Good News.

Reverse stock splits are very normal for startups like fcc. I'm not disappointed in it either quite the opposite. I do wish it was a bit more aggressive than the 7-1 mentioned I would have preferred it was closer to 10-1.

if the split is timed just prior to a listing on a real exchange and the startup of operations it would be  a pretty insane attempt to short the stock. In reverse splits that is usually the concern. But fcc is  in a different industry. One that may be declared a national security concern because of eastern tensions. 

all I can say is that when fcc does reverse split. It will be one heck of a deal should the typical bad actors decide to short.

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