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ELRIDGE back above 90 sen. Volume picking up again. RM1.00 will be an interesting level to watch. Q2 numbers were strong and expansion is still ongoing. Let’s see if momentum continues.
Looking at all the overwhelming positive comments about Elridge's performance and so on but i wonder why the share price keep falling almost everyday. Anyone care to give some comment?
I totally get it, the market sentiment, valuation and so on but to me, this may not be the case. My personal POV is that someone out there is trying to surpress the stock price and the current persistent is so strong. Everyday there is selling, small volume just to bring down the price. I don't think is about market sentiment or valuation. Is jeopardising. I could be wrong
The Lahad Datu facility in Sabah remains on track for completion next year and is expected to add a further 240,000 tonnes of annual production capacity
Elridge is in a stronger cash position now. As at end-June, its cash and bank balances rose to RM197.81 million, compared with RM123.65 million at the end of 2025
