chart analysis, page-15

Well I am out for the time being.
The reasons being:
a). continual buying of stocking into low liquidity. Looks like is might be being propped by a large fund, possibly leading into a capital raising. Maoming Fund substantial notice changes suggests it has been in and out of the stock.
b). They need cash, irrespective of convertible. Another reason to suspect an equity issue soon.
c). It has had a good run from 10 cents to 35 cents, justified by fundamentals and the new CEO.
4). Can't see any improvements in fundamentals (e.g. flow rates, reserves, Gazanor cash flows) in the short-term.

I am emotionally attached to EPG, and have made only part of my large losses back, but given the high chances of a capital raising, and the suspicious and ongoing buying, thought it was time to take some money off the table. Of course, will be kicking myself if the accumulation is occurring prior to a takeover bid...but the accumulator would be using bots to churn and keep the price lower not constantly ramping it higher every morning.

Its a judgment call. Will see how it pans out. Will jump back in on the first hint of good news however, at anywhere below 60cents (i.e. where is was trading before GFC and the convertibles became a problem).