ERG 0.00% 1.2¢ eneco refresh ltd

saville

  1. 24,092 Posts.
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    Mr SAVILLE through Eclectic trust (UK) has sold 37M shares in ERG for some $12M.

    There has been a gradual sell down since Oct last year and culminating today.


    This now explains all those cross trades

    a. Four 5M crosses yesterday
    b. 10M cross today in two segments


    The question is who was buying?

    There was mention of some funds putting the ruler over ERG in the past two years.

    Ousia said there was a UK fund doing this in 2005.

    Mr Saville’s trust was based in the UK

    Interesting to see what is to happen tomorrow.
 
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