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NASDAQ2020

03/20/23 11:04 AM

#378953 RE: imanjen13 #378952

Whats the value of LCI compared to ELTP?
Is LCI extremely undervalued as well ?
TIA\

\ELTP
Bullish
Bullish

sharkey1

03/20/23 11:08 AM

#378954 RE: imanjen13 #378952

Nas saw it coming, and didn't buy into it, easy to see, don't talk it to death
Bullish
Bullish

jour_trader

03/20/23 11:28 AM

#378955 RE: imanjen13 #378952

Why would Elite uplift when they haven’t proven their revenue stream? Most of their revenue needs to be rebuilt post-Lannett. Uplisting would be an extremely poor decision to make at this time.

The ELTP King

03/20/23 10:14 PM

#378970 RE: imanjen13 #378952

What the hell's your point?

1. The market cap doesn't change.

2. 57+ million customers will now be allowed to invest in ELTP.

3. Institutional investors will now jump on board.

If Elite decided to reverse split the stock now at current price around 3 cents a share, they would have to do AT LEAST a 1 for 100 reverse split to reach $3.