Bullboard - Stock Discussion Forum Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It... see more

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TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > Monday open

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Post by Dcoyote on Apr 08, 2022 4:13pm

Monday open

Monday will open at 5.76 will have the same value but a split never stays at that. I have never seen a stock split without it going down day after day. Then the company starts issuing more shares all over again. This stock will be trading below 2 dollars in no time. I am out and I broke even. No I am not a day trader with what when I bought into years ago was First Cobalt. I kept holding and adding to it. But when a company decides to split especially by this much 18 to 1 it is trouble and untrustworthy. I think I will add to my other long time holding in this sector Avalon.

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Comment by TennisStar on Apr 08, 2022 5:10pm

Context is everything. You're experience with splits is under a completely different situation wiht companies looking to split for the exact opposite reason that ELBM is splitting. This is a bit lost post given it's an uplisting move to the worlds largest capital market and a future ahead of them. Good luck. Sorry you made such a poor decision. ;)

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