ECT 20.0% 0.2¢ environmental clean technologies limited.

NLC Finance Seminar Foz Present., page-50

  1. 1,816 Posts.
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    So with the latest news articles we see 10 million shares bought and the sp moves one pip. The sell side within two pips is around 5 million..... as time progresses and no follow through on buying the sell side is progressively stacked again and now within a few days 13 million on the sell side within two pips. Is someone trying to accumulate? It will be interesting to see what happens mid feb, time is slowly coming to a head, will buying increase leading up to the expectation of an announcement? Financial close by end of June, MPA signing within......? Still not sure how to take the trading at the moment, is there a reason we aren't seeing more movement? Are investors waiting for confirmation? Are investors waiting for the details of the MPA? Is it just accumulation as top 40 are only increasing?
 
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