It takes less than 4 million shares to be in EWC top 20 shareholders (2017 Annual report) . Upon the release of the current positive news,4mill shares yesterday and 5.5 mill today were traded keeping a firm cap on any sp rise. I wonder about the sellers ? short sellers maintaining a sp position or Capital selling down futher. Interesting for a stock that was 40c approx six months ago before the short sellers unrelentingly got stuck into it, they made $3_4 million(according to figures provided by informed posters here previously) with Capital's selling mostly clearing their position and it cost EWC shareholders $300 million in market cap. Go figure!!
EWC Price at posting:
17.0¢ Sentiment: None Disclosure: Held
