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5.4¢ greenearth energy limited

Weeks / months I stand corrected major selling looks done to me...

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300 Posts.

04/02/16

15:41

Post #: 16942372
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Originally posted by CW4711 ↑

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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Weeks / months I stand corrected

major selling looks done to me I dont see any more 200k lots

GER Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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