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EXR

Elixir Energy (ASX: EXR) has jumped from 4 cents in September to 6.4 cents today.

It is interesting to note that their placement in late November was at 4.1 cents and the share price jumped immediately afterwards, peaking above 7 cents. And considering that they were at 2.6 cents when I looked in June, EXR have rewarded their investors nicely.

Omega now owns an awful lot of this company and, importantly, the Board and Management own very little. That makes me wonder and want to look deeper.

I have some time. I expect the price to drift a little lower, so I will check back in February.

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