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Ellah Lakes Community

NGSE:ELLAHLAKES Community

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WaneInvestmentHouse

WaneInvestmentHouse

Community Contributor

Ellah Lakes Plc – Capital Raise and Strategic Debt Conversion Signal a Bold Turnaround Play

Key Highlights: EGM Set for July 25 : Seeking approval for public/private equity issuance and conversion of related-party loans to ordinary shares. Debt-to-Equity Strategy : Board proposes converting director/shareholder and CBN program loans to equity—aimed at deleveraging and strengthening the balance sheet.

₦7.60

FV

30.3% overvalued

32.96%

Revenue growth p.a.

0

1

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1 day ago