re ann today, page-2

Hi Joachim, I don't know about guru more like jinx. Whenever I buy it goes down and if I ever sell a few up she goes. I think the situation at the moment is people sorting themselves out after the recent issue. As someone mentioned on this board speculators would have bought in just to get the free options and now perhaps unloading surplus shares. On the other hand if you are a bit short on funds and with drilling coming up buying the options with a two year life is a smart move. My guess is todays buying of options is from people excited by the upcoming drilling and the sell off of shares just sorting out after the share issue. I'm no expert but have made quite a lot of money trading EBR over the years. I am a bit more cautious this time as I know they are due for a win and the Cooper could be ,lets say, a medium sized win. There are potentially bigger wins to follow so I don't want to be caught short.
It appears the MD now owns 37mil shares. He bought 1mil then 16mil and now 7mil (at least I think he did- something to do with a company called Krike )so this helps my confidence levels. I just wish EBR would be a bit more communicative an there are people here on HC making announcements etc before the company does. I used to email them alot but they told me in a rather blunt way to "rak-off" so I did. Anyway enough of my ramblings, sit tight the patient will be rewarded IMHO
Cheers and good luck to all holders
fc