Going back to my obsession with the trading patterns of this stock...and my suspicion it has been heavily manipulated. Yesterday we had two large trades that must affect someone in the top 20. Also, in the last year or so, and particularly in the last couple of months, there have been chunks of 50000 shares that always prevent upward movement with DOW and ASX go up but always ensure EPG falls when the wider market falls. Given the huge resource estimates that have been released in the last couple of months, you'd have thought that it could have least tracked the ASX...not fall 75%.
Could someone going to the AGM tomorrow ask about changes to the top 20 and whether there is any way to tell whether some of the top shareholders have been turning over stock on a day-to-day basis.
Thanks if you can
EPG Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
