EB: He's implying that no-one would just throw away 500k. Putting up 500k is indicative of their intention and feeling that its a good investment.
Drazzic: When the average offer volumes are 1-5million and someone just whacks 7-11million on offer when they feel like it, it has a tendency to have a direct effect on the price and sentiment. Unless you genuinely thought that someone might slip and accidently buy whatever number you put up with 179 on the end of it, you can't possibly have expected it to have anything but a negative effect on the price. I actually don't know what you were thinking.
You've also actively been talking about this wall of shares that keeps appearing and implying to others that there are buyers who will take out 'your' offer and that its a good price-
10.40am this morning: "they will be absorbed - people are still wanting in.
they will be gone by the close of today."
Well you were right on one thing- they're gone now, and I'm glad you didn't trick anyone into paying up.
ESI Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held
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