EQR 2.22% 4.6¢ eq resources limited

Definitely a larger player offloading atm. This person...

  1. 437 Posts.
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    Definitely a larger player offloading atm. This person deliberately waited for almost 2 hours for the bid to build at 4.9 before taking all of it out. Depending on the size being shifted AND the illiquidity of the stock this will annoyingly put a cap on movement until they are gone. Then again its not like people are queing up to buy either.

    Given the production record I personally think this is pretty short sighted BUT I dont know the full picture in terms of costs.

    Either way once they start showing profit its a gimme to start purchasing because, try as they as might, the market cannot ignore net money flowing into the bank for long.
 
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Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
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