Hi 62strat
A few weeks ago I posted that I had received as a Nido shareholder a letter from EUROZ recommending the stock a buy with a price target of $0.51/sh .Your reply was, maybe they were recommending a hold while they sold.As Iam not a client of Euroz I thought they were just trying to attract a few more clients.Low and behold about 4 weeks later in the business section of the West Australian EUROZ had a speculative buy on Otto Energy which in part read,
It described The Galoc purchase as a "company changing event" and that Otto looked attractive compared to "look-alike Nido Petroleum.I thought this was an about turn and am now wondering if you were right.I hold a reasonable amount of NIDO shares and and not all holders received this letter as I know some people with small holdings didn't.Surely it must be a broker putting these small sells through because as a client of Comsec the minimum amount of shares you can sell at a time have to be to the value of $500 or above .Don't know if there is anybody who knows how you can find out where these small sells are coming from.
Cheers Cloggy
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