THEPENNYGURU
I think you may be right, however I think the article in Money and the fact that CMI's 2011 results may have made them pop up on some screens in the larger institutions may be what is driving up the price together with the hope that in march Trojan gets a good result in their court action.
I think the party will last till at least the results come out. My belief is that the major shareholders dont really want the SP to keep going up. Makes buying the total business outright very tough.
arb half year results, page-4
Add ECL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.07 |
Change
-0.030(0.97%) |
Mkt cap ! $89.01M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.10 | $3.07 | $17.17K | 5.564K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2483 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 5000 | 1 |
View Market Depth
| Last trade - 12.07pm 28/06/2024 (20 minute delay) ? |
| ECL (ASX) Chart |