Excellent first week of trading for ePat. To finish one pip below the relist open price is exceptional. Good absorption of stag volume, shows there is clear demand for the stock and likely to be soaked by longer term holders. Many will be buying on the expectation of a RAP style run, this suggests many buyers have at least a 6 month hold outlook.
News next week, even an update presso would be good to keep interest high. Perhaps they are holding off just until they are sure the flippers are done.
Technically I'm expecting resistance at each whole cent mark as people set targets at whole and half bags.
Looking forward to the next few weeks.
EPT Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
