EGR 1.10% 9.0¢ ecograf limited

Ann: Ceasing to be a substantial holder, page-15

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  1. 1,018 Posts.
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    There seems to have been an orchestrated effort by some major instos to keep the SP at a certain level. This is for a reason no doubt. Anyone with any firm belief in a company , positive or negative, would not take 12 months frigging around buying and selling stock for zero financial gain. imo ther is an ulterior motive. I believe they have been briefed that Epanko would be a 12-18 mth proposition and that a CR would be required for it as well as an injection of capital to make the world expansion and downstream model a possibility. No one would have wanted to provide the capital required at a $2 stock price for the amount of risk that was on the table. The spike to $1.10 last year rattled these groups and the rapid rise was not expected hence the concerted effort to maintain this 50-60 c range. A two year delay on financial gains o& multiples is nothing for these guys.

    How’s that 564. Bullish enough. Lol. I here you though. Very disappointed.
 
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