ERM 0.00% 4.5¢ emmerson resources limited

Ann: Change in substantial holding, page-2

  1. 2,882 Posts.
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    This is what I've been waiting for, some of the big players buying. This gives us confirmation that they believe shares are good value at 10c.

    From the announcement you can see they were selling around 13-13.5c and buying back around 10c. I haven't checked every transaction but that's the price range I've calculated in the 3 sells and the last buy on the 20th. They seem happy to trade the stock with a portion of their holdings so look out if we get up around 13c again.
 
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