I just came across an update by Blackrock on their key themes for July 2009. On the list of these was an overweight position in ETC versus Industrials - Significant mispricing versus earnings capability.
Just thought I should share the information!
On another note, I wish that seller would go find another hobby to keep him/her occupied!!! Oh well, by the looks of the market depth, the buyers volume(from 40c to 42C) have the listed sellers (from 42.5-44.5c) volume covered.
Perhaps Blackrock and these other institutions will provide the much need support to boost the price???
ETC Price at posting:
42.5¢ Sentiment: LT Buy Disclosure: Held