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

Alternate Symbol(s):  ELBM

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

TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > I bet they’re regretting the reverse split
View:
Post by Goldinvestor66 on May 13, 2022 4:47pm

I bet they’re regretting the reverse split

I bet they're regretting the split, should of left it alone but nope had to screw around now look! Well they made their bed either give up news or prepare for nasdaq delisting
Comment by Goldfather on May 13, 2022 5:59pm
good point GI66.... it does look like the RS was a bust. But probably too soon to judge. Gotta give it  a chance. And surely TM has plans/ tricks to prop it up before the refinery opens..... he's got to !  Maybe just  the refinery opening, and making money will be all he needs. 
Comment by Jordsword on May 14, 2022 1:00am
Some of you post as if you were expecting news of the RS to be the big SP catalyst for this company but it has actually damaged the SP instead. I will suggest that you consider whether a RS changes any of the fundamentals of the business plan in a way that increases the value of the company instantly, and that you also look at the charts for the DOW, Nasdaq and S&P500 lately and you just might ...more  
Comment by Starkicker on May 14, 2022 2:01pm
A bit premature on the delisting talk...lol. A Nasdaq delisting notice can be issued after a stock fails to meet a closing bid of $1 for 30 consecutive days. Even then it's just a notice, not a ruling. ELBM is a long way from that.
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