EGR 0.00% 9.1¢ ecograf limited

Total shorts outstanding, page-38

  1. 7,945 Posts.
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    Clearly the entity knows the drawn-out timeline during which the borrowed shares can be bought back without pushing the SP up. We cannot blame management for how long it is taking for the SML to be granted or finance to go through the processes. However, the players of this stock know that both time and the trend is their friend. So, how about management do something new, something constructive along the lines of buy shares on market. Yeah, nah, its not a joke. Its about the only thing to arrest this slide! How about Spinks and Rae cough up a miserable pissy $80k between them and get the SP back above 10c. Its not like they couldn't afford it! Base salaries of between $350k and $400k and, what, they can't afford to buy shares for a change?
    Last edited by Shellbell: 16/08/24
 
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