layers taken out today

Somebody woke up this morning with the intention of taking a stake in this company.

At 10.48am took out the whole 27.5 cent layer of about 1.2 million shares including one seller of 600,000 shares. Then had another go at 3.45pm when the 28 cent layer of about 800,000 were purchased.

The undisclosed bid signified by a * (means a broker) is still there at the 28 cent bid. Not often you see a broker active on this stock.

Traders would want to be holding this stock leading up to an ERG market update, or even release of their full year results in August.

Trades on too low a multiple with this sort of growth business model.