EGR 3.30% 9.4¢ ecograf limited

Ann: Tanzania and Germany to Forge Closer Economic Relationship, page-13

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  1. 697 Posts.
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    Hi Bladerunner

    I am not sure I would characterise a last-bell sale of 1000 shares as a strong downward move. There was far more volume at 11c. This is a thinly-traded stock because there are so few shares available in the market. Management and out top-line backers own plenty. In my view, 10 cents will be a distant memory when finance gets through the gate. It is inevitable. Germany wants it. Tanzania needs the business, and we have some of the best graphite in the world. So good luck under 10 cents if you want more than $100 worth of shares.

    GLTAH

 
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