Powers On1

[barry_1]

Usually after dividends are payed out shares fall back as the next dividends are only due in six to twelve months time....Obviously not so with Ellies.The reason I think is that they have done what one expects only large cap shares do ,that is establish American Depository Receipts with the Mellon bank(ADR).Ths now gives them international exposure.1ADR=20 Shares.A very good inovative move indeed!

[barry_1]

This is the best performer on my Recovery list having gone up 273% this year.Four of the five shares i chose have done very well....sashares2010.blogspot.com

[topgun]

Unfortunately I never bought into ELI on the basis of its poor cashflow history but hold all the other stocks in your recovery portfolio. Thanks for the ADI tip a while ago...has done very well so far!

[Candy]

Have you noticed that a director from ELLIES sold 1 million of his shares? What do you read from this?

[barry_1]

I have absolutely no idea!....I see directors have buying and selling from the time this share was around two Rand a share ,now its nearing seven Rand.

[fressa]

Candy, i noticed the same thing. the share price has been down every day since. Id love to know if anyone has heard anything regarding this.