I am wondering who is still selling at these levels though...
Anyway, as you know I have been pretty negative on the company since I started looking at it a couple of months ago but the permit renewal looks finally like the first proper delivery from the new management team. It seems the previous management stuggle to secure the renewal of these permits so I am ready to give the new management team some credits.
The recent activity over the past two days are pretty positive to me as well. A massive seller (I guess it is the shareholder who ceased to be a substantial shareholder a couple of days ago) and still a share price going up. I am a buyer now and would not be surprised to hear Transcor or maybe the previous management team to try their luck on getting their hands on the whole company
EPG Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
