up 18pc and broke 30 day moving average, page-5

I think a lot of EBB and EBI have been held on margin. The large capital raising last June by EBI also included EBB shares and I know most of those shares promoted by Tricom and EBB was on margin. The financial benefits of holding on margin was pushed heavily. EBB was $3.50 and EBI was $4.

Most of those holders would have suffered large losses and a lot of pain on the way down and would this would have exacerbated the sell down. This has provided a huge opportunity for punters like you and me.

Selling looks like it has finished.

Also, a BNB takeover is not out of the question !