EAR 0.75% 33.3¢ echo resources limited

So Why Would He Resign?, page-43

  1. 2,285 Posts.
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    Like everyone here, I don't know who is buying and selling, so it's just a guess.

    I understand a couple of meetings have taken place over the past few weeks between the chairmen of EAR and CEO of NST, and as such I don't believe NST are buying, because they have their hands full and are preoccupied with Pogo. They may have sold a few to free up some cash, but I doubt this as well.

    I tend to agree with nord, it could be 1832 Asset Management selling.

    And worryingly, it may even be EK buying, especially if he's heard of more potential board changes at EAR in the next year. He may be repositioning himself for another tilt at the board. I hope not, and hopefully NST would not be in favour of this.

    It could be somebody new buying the shares, and seizing on an opportunity.

    And I wouldn't be surprised if it was Alkane Resources doing the buying from 1832 Asset Management.

    I hope we get to find out who did the buying and selling though, it would be fascination to know.

    Gw
 
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