something amiss at EGL with the SP down another 2c or 11% today at 15.5c, though on minimal volume.
the SP took a breather yesterday after being slammed Friday on heavy volume.
the chief executive no doubt will be amongst those most concerned having accumulated a whopping 13.7 million shares in the brief period since taking up the position in February 2021.
the noticeable lack of news about company activities unsurprisingly suggests a lack of news. Like, is anything material happening, or nothing.
i thought Friday's selldown could have been a precursor to a dismal quarterly but the company doesn't grace its owners with such regular information, so we remain in the dark about reasons for the selloff in the SP.
EGL Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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