EIO
Click for more information
3.57% 29.0¢ energio limited

I don't understand why IB would buy 1 million shares on market,...

  1. UmiTrader
    3,541 Posts.
    lightbulb Created with Sketch. 223
    clock Created with Sketch.
    27/11/12
    17:20
    Post #: 11114892
    I don't understand why IB would buy 1 million shares on market, knowing he was about to issue himself with 7.5 million shares anyway. Any thoughts?
    EIO Price at posting: 27.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS 29Metals greenlit to release more water from flooded Capricorn mine this wet season
right-arrow Created with Sketch.
NEWS Check out the latest ASX news here!
right-arrow Created with Sketch.
NEWS Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now
right-arrow Created with Sketch.
NEWS Patronus receives mining approval for Fountain Head
right-arrow Created with Sketch.
NEWS PYC Therapeutics moves into final stage of child blindness study
right-arrow Created with Sketch.
NEWS Domino's Don Meij steps down after 22 years as CEO
right-arrow Created with Sketch.
watchlist Created with Sketch. Add EIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.