Agree with that, would be good to close at 40c or more. I believe many of the new investors are in Europe and may top up later today or tomorrow. Looking at the top 20 it seems assuming Maoming, Transcor, Ocean Dome, PIM and the new investors are long term holders that the free float is quite small. It also seems to me that the Australian investors percentage ownership has diminished considerably. Next few days may be quite volatile but once good news come the stock may move very sharply considering the small free float.
EPG Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held