Having said that, I consider the company overvalued based on what we know. But between Pie Funds and Rouco, that is 85% of the shares tied up. If you were Mike Taylor, you wouldn't panic sell into this news...
If you had a small holding and could wash your hands of it easily, I could understand the desire to sell. Anyway the company is worth $41 million (apparently). No-one really wants to sell.
ECV Price at posting:
$1.61 Sentiment: None Disclosure: Not Held
