S101 -I tried to give a not so subtle hint about underwriting a week or so ago and delighted to see it come to pass as predicted.
your doubts are soundly based on the way things are now, but of course they can change and quickly
I expect April to see "smiles on dials"
that said we need to realise that the underwriters and their sub underwriters may squirt stock onto market for an easy pip or 3 for a week or 2 after oppies are converted so dont be crestfallen if the SP is still say 27 at end of March
EGA Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held