It was hard enough to accumulate when the stock wasn’t in sticky hands end of 2017.
Now it’s in very sticky hands. 100M register with top 20 holding approx 80% means if you aren’t set you have to pay up. And not much to collect now so next week will be very interesting.
I kept banging on about the oppies as only way to grab a handful but they’ve even now dried up and only really 6M floating oppies around excluding management.
I agree with amok. I’ve always thought $3 realistically but $5+ with some very large contacts with very large players.
ELS Price at posting:
76.0¢ Sentiment: Buy Disclosure: Held
