I thought we might see a relatively weak start with a few stale holders exiting, followed by some patient smart buying through the day and a strong green finish around 15 cents.
But it appears there is minimal buyers at this stage.
Tony's job is far from done here.
It seems the only thing that will move the EUR SP is serious investment and progress on the ground.
I would have thought Tony may have had a few local investors lined up to support this deal on market with buying of EUR, but nothing so far.
It's hard to cop after such a long wait and thinking we finally got there with something the market cannot ignore - but the market is totally ignoring the merger transaction and not attributing any value to it at this stage.
I'm not one to capitulate so I will give this time and see what happens but its disappointing to say the least.
EUR Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
