Only time could tell, and it says you got your timing spot on
I am really surprised to see EGG down under $1.00 which was roughly the buy in price for the new Substantial shareholders (PPT,CTN,NAOS).
The last notice from PPT on 3/11 showed them adding to 14.6%. With their last purchase of approx. 750k at $1.10 being around 30/10. Since then the sp has consistently drifted lower by 20%.
This is either another trading opportunity for you Ormond or there's something rotten (EGG?) in the State of Denmark. I certainly wouldn't be buying with the chart in this state.
90c is the resistance level set in February. Sustained selling here means someone's out at cost or a loss.
Only time could tell, and it says you got your timing spot on :)...
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Last
$1.14 |
Change
-0.015(1.30%) |
Mkt cap ! $99.80M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.16 | $1.12 | $22.47K | 19.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7404 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 8923 | 4 |
View Market Depth
| Last trade - 12.38pm 28/11/2024 (20 minute delay) ? |
| EGG (ASX) Chart |
