I think your right. We need .015 to hold if it doesn't the nervous nellies we sell and back to .014 we go.
If we head lower then that , and with no ERM backup we may be in trouble.
on the other hand if ERM waited a little longer and let this slide until volume returns to the sell side at .014 and .015 then buy them out again. (like they just did) They could do this for months and continue to compile a 20% holding over time without the share price gaining to much.
- Forums
- ASX - By Stock
- EGO
- todays trading
todays trading, page-144
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online