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5.41% 3.5¢ evion group nl

share price going up - good news coming?

  1. loki01
    10,469 Posts.
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    14/07/10
    16:23
    Post #: 6902646
    25% gain in the last few days on low volume, but still a gain is a gain.

    I suppose it is too early to expect finalisation of the MacBank deal.

    More likely somebody trying to build a stake, and is finding it hard to get sellers to give away their shares at such such low prices.

    Once the finance deal is done I expect we will get back to 8 cents fairly quickly. Finance is the present main risk factor.

    loki
    EVG Price at posting: 5.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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