GER 0.00% 5.4¢ greenearth energy limited

200,000 keep getting put up for sale, page-14

  1. 244 Posts.
    I noticed you said on another thread that the 200,000 seller had been going on for a couple of months. That's incorrect.

    It's been a couple of weeks and it doesn't appear to be over.

    It makes me nervous because GER don't give specifics regarding NewCO2Fuels, maybe they cannot. But when a top 20 holder (I'm assuming that's the case given the volume) starts unloading, then it does put doubt in one's mind. My reading of the anns over the past six months leads me to "assume" that it's back to the lab, that something's gone amiss. The market suggests that might be the case too. It was above 15 cents when they won the WTN Award, then it dropped back, but still traded above the 9 cent and 10 cent level for quite some time.

    If you read the report to shareholders last year, then compare it with recent anns, you'll see why some may be sceptical. It appears that the impetus has dissapated somewhat ..... hiccup with the pilot?

    Awards won't put bread on the table.
 
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