Another crazy day coming slowly to an end. I know I sound like I am on repeat, but yes another day of insane volumes going through and still 1.5 hours of trading to go. 6.77 million shares traded so far which is again more than twice the volume of the ASX from last night. Shareprice currently sitting at 0.306A$ - again above ASX close.
The volume and SP should be sufficient to let this rip into 30s today at the ASX and then bring on a very good finish on Friday afternoon, so German buyers can send it on the weekly high into the week-end. 6.78 million shares is just insane and lets see, we might get across 7M in the last hour of trading.
German market maker will need to buy back a ton of shares. So many have already been transferred to Germany in the last few weeks, sell side should get ultra thin at the ASX due to this transfer. Fingers crossed
EGR Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
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