I still think the best bargains in this stock may well continue into this week. The problem is so simple - the audience ... Not many insto's and in fact unlikely that any will take a decision to enter until there is more clarity so retail investors rule the day.
I think the directors purchasing almost 600,000 shares is a big deal. In a normal market that would have comforted the retail investors but not in this market.
The city beat article is also fluff - They take the news from the company stats but dont understand the accounting complexity of the forward purchase contracts... Really sometimes gets me riled up because the article was supposed to be about CEO's sleeping rough but then they get out of their area of expertise.
I said I would not buy more but went into the market today and bought more if a director can put $200K plus on the table I can also get some of those.
EPW Price at posting:
80.5¢ Sentiment: None Disclosure: Held
