Electra Battery Materials Corp V.ELBM

How low this week?

[Silverad0]

Any predictions?  I bet it wont be long until the market cap is less than the salaries paid to Trent and his bunch of VP's of nothing.

[17Digger]

ELBM was 40 cents when consolidation was first mentioned and at 30 cents when it was pushed through by misled shareholders imagining big Nasdaq listing gains. They ruined it for everyone who knew it was a dangerous risk for the share price and they cost all shareholders a lot of losses.  So where does this share price go next? Usually or frequently, consolidated shares eventually drop to

[MTwallet]

This is wrong. Share price have nothing to do with consolidation or pre consolidation levels. All that matters is market capitalization, and at this cap, Elbm is at a takeover price. If it drops to 40c that means the market cap would be 15mil, not going to happen 

[17Digger]

You comment is the kind of thinking that got us down here. How valuable is their Nasdaq listing now? Now, your shares are probably worth more for the capital gains losses you will have when you sell them - if you voted for the consolidation then I suppose this is your own doing - but I doubt you saw it coming. You need not believe me - just believe what the share price has been telling you