Secondly there was no mention of a share price increase or influence. It was a comment between friends based on a known fact that ERM are looking to purchase another approx 180 million shares to bring there holding up to 10% which has been mentioned several times over the last few weeks. There was no mention of improving prospects for the company.
To be honest, a company like ERM holding 10%, I would think most investors would see as a positive and will at some point influence the SP?
I also said sometime this week, not today so not sure how you came to that?
If you took it as a ramp then that's your way of looking at it but it was nothing more than a comment to a friend that I have known for many years, both of us having invested in ego for many years.
EGO Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held