Only time could tell, and it says you got your timing spot on
I am really surprised to see EGG down under $1.00 which was roughly the buy in price for the new Substantial shareholders (PPT,CTN,NAOS).
The last notice from PPT on 3/11 showed them adding to 14.6%. With their last purchase of approx. 750k at $1.10 being around 30/10. Since then the sp has consistently drifted lower by 20%.
This is either another trading opportunity for you Ormond or there's something rotten (EGG?) in the State of Denmark. I certainly wouldn't be buying with the chart in this state.
90c is the resistance level set in February. Sustained selling here means someone's out at cost or a loss.
Ann: FY14 Results Announcement and Presentation, page-11
Add EGG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.18 |
Change
0.015(1.29%) |
Mkt cap ! $99.80M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.18 | $1.15 | $140.8K | 120.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9500 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 3932 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EGG (ASX) Chart |
