when you compare to ADI, EKA is looking very cheap at the moment. ADI had been doing broker and shareholder presentations in the run up to Xmas and the share price was very strong on the back of these. I would say that ADI's NT project is not that different to EKA's Turkey so purely on the value of SL then EKA is lagging well behind ADI.
EKA is a tightly held share and selling vlome was not that heavy last week or today, they buyers are picking up at great prices as some nervous nellie traders exit.
I predict the next 6-8 weeks will be rather good for the EKA holders, with shares that are tightly held like this, things can change in the blink of an eye.
I will continue to buy.
regards
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- looking cheap to me
looking cheap to me
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