EVS 1.85% 5.5¢ envirosuite limited

EVS - General, page-92

  1. 1,125 Posts.
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    You were right on the money Numis. Not much interest in EVS on a day
    to day basis but there is a slow mopping up of EVS by Ellerston Capital
    on behalf of undisclosed clients given they’ve again announced an increase
    in holdings today. Why pay top dollar later when you can pick them up
    relatively cheaply on the slow soak without forcing the price in the market
    up too much? Looks like a pretty smart strategy whilst keeping the jack
    firmly planted in the box. It’s a game of patience. Shorts are also slowly
    being covered in an orderly fashion with minimum attention being brought
    to that fact. Shorts are insuring themselves against any nasty unwanted
    good news….
 
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