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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 > As expected, 4:1 roll back
View:
Post by dothemathpeople on Jan 01, 2025 10:53am

As expected, 4:1 roll back

THIS is how they will try to hang onto their nasdaq listing.  At the expense of the shareholders, again.  How low will it go?
Comment by Pinoche on Jan 02, 2025 11:19am
as of right now a little over 62,000 have traded on NASDAQ. The TSX has only traded a little over 23,000.  We are up 11% on the day so far. This seems good for shareholder value. The TSX is full of 100 share bids at less than half the current price. That seems unhealthy for shareholders.
Comment by TimeBuilder1 on Jan 02, 2025 11:22am
100,000  =  25000   TODAY
Comment by ElJ on Jan 02, 2025 12:01pm
TimeBuilder,                       You are of coarse 100% correct in the 4:1 quantity of shares roll-back, but I have encountered this morning a latency by  the Administration function in the portfolios held with a reputable broke,  where  the Quantity adjustment is not yet implemented in the portfolios but the new adjusted ...more  
Comment by ToeBeans on Jan 02, 2025 12:51pm
Lol I looked at might portfolio this morning and had a wistful fantasy moment but hopefully reality will catch up in a reasonable amount of time.  Pricing stability seems to be good even though I have seen tiny lots of shares for significant dips to current price the momentum seems to constantly push through the blips.
Comment by TimeBuilder1 on Jan 02, 2025 4:25pm
Noted: TDWBDI  updated our position first thing this morning. Wish ALL Investors here a BETTER  & more sucessful 2025. Regards TimeBuilder
Comment by TimeBuilder1 on Jan 02, 2025 5:03pm
Noted: the BEST thing about our current position IS it is held in a cash account and can be used as a TAX loss in the future IF necessary.    ;>O
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