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….
EVS Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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