The increase to 1.29 seemed like a very specific accumulation by a few wealthy players / instos / fundies
i think the sell down is the same group, trying to encourage sellers to confirm their sale on the next price rise
many would sell once it reaches 1.20s again if they sitting on profits
I thought bounce would be at 1.045 but another mentioned 96c, and they seem closer
I am ‘happy’ to hold for the positive business developments that the company has been moving towards
overseas sales to several countries, support by Aus Gov all bode well and I believe that is what the buy up was about / I guess they want more but will cause pain to holders with aggressive sell down
similar situation happened with Avita Health and I sold at 2.70 due to paper profit exhaustion
holding now….
EOS Price at posting:
99.0¢ Sentiment: Buy Disclosure: Held
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