All ComSec selling in the broker data. I imagine lots of little retailers who are sitting on a loss and happy to sell into the recent liquidity.
I know they're essentially funding working capital with their cash and overdraft but given the recent improvements, I wouldn't mind seeing a small placement at a premium to the current price, say 3c. It would be a great sign of strength, perhaps add some liquidity to the stock and even set a bit of a floor. That notion might be optimistic until they put together another decent half yearly.
EGL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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