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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

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Post by 17Digger on Jun 13, 2022 10:46pm

Consolidation

For months we regularly had posts here from supporters of the share consolidation proposal,
Now we have it in place and working, but we hear no more from the proponents enjoying the resultant success.

How is it working out for you now?
Will you be buying more consolidated shares as the price drops on the US market and drags down the Canadian market price to more affordable levels?

xx
Comment by WernHerr on Jun 14, 2022 9:21am
Maybe today you won't get them for low price Nasdaq pre-market USD 7,35 volume 71,8k
Comment by WernHerr on Jun 14, 2022 9:28am
USD 7,35 was the High from today's Nasdaq pre-market. Who know's where it goes..
Comment by Silverad0 on Jun 14, 2022 12:14pm
We sure could have moved forward without this failure of a reverse split.  Never understood the logic and even less so now.  I know the markets in general are in the sub basement of the outhouse but sorry this RS has been a failure! But hey look at the positive side.  We have a virtue signalling corporate culture now and a whistle blower hot line.  Just think of the profits ...more  
Comment by Goldfather on Jun 14, 2022 4:24pm
gee... $3.46 nasdaq = .192 US pre RS.....  wow ! .....   buying opp or red flags ?
Comment by 17Digger on Jun 14, 2022 5:08pm
I stand by my longstanding prediction on this board that this reverse split will take us down to at least $3 a share from $7.68 US. Reverse splits usually lead to such big share price drops that it was an obvious prediction. Sadly, it looks like I was optomistic. The only silver lining is that management's stock options are drowning along with the share price which is only fair for such a ...more  
Comment by NatureBoy on Jun 15, 2022 9:32am
so far, Digger...time and the numbers are proving your "prediction" closer to reality than not. I've also previously advanced the argument that this was a probable outcome given the poor timing and circumstances. Should come as no surprise to anyone despite management's rhetoric. you bring up an interesting cautionary point...that being, to be watchful for a management case ...more  
Comment by Patentpending1 on Jun 14, 2022 6:11pm
Reverse spits so far have almost never helped me but I think I'm down to 26 share so I don't have alot to complain about the stupidity of the decition and the timing. Sad was when DDI did a slit but I was up till the company trade halted then sold the company name to WESA.  THey in turn did a 50/1 reverse split and plumeted below the original reverse split. ...Dummies
Comment by Goldfather on Jun 16, 2022 10:18am
we're now at .187 US pre-RS . It was .245 US day of RS. (I think)... buy now ?..... or wait ?
Comment by Silverad0 on Jun 17, 2022 5:43pm
Don't wait.  Call the whistle blower hot line.  
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