RE:RE:RE:RE:RE:RE:Another study; another refinery…attention deficit…I told you all on this board that the consolidated shares of ELBM would drop to $3.
Believe me I wish I were wrong, but this is what most consolidated shares do - and they often drop back close to their preconsolidation price.
Let's hope it does not happen to ELBM, but whoever made this decison to consolidate should be fired.
As for those who voted for consolidation - well all I can say is you have your consolidated shares now - so enjoy reaping what you sowed!
All of us who voted NO to consolidation are suffering for this stupid decision voted for by those who trusted management's story of consolidation leading to the promised land of the US Market listings.
Hang on - there is more consolidated downside to come. ELBM shares are getting cheaper to buy - and that is something to consider doing.
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