EHL 0.00% 83.5¢ emeco holdings limited

Hello, Old Mate is back with his 500k share order but at 69c...

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    Hello, Old Mate is back with his 500k share order but at 69c this time.

    The order appears again to be strategic rather than a placement from someone who is anxious to buy a holding. A large holding at 69c would send a message to other punters that they would need to place orders higher than this to get in- the sort of thing that a market maker would do but perhaps with less subtlety.

    Or something like that.

    IMHO DYOR
 
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