Hi Lego –man,
When i was doing my research on EKM i had a few email conversations with Ian Murray , the MD.
In relation to trading activity over the past couple of months he said:
“None of the major shareholders has been selling. Shareholders who did not participate in the placement appear to be acquiring shares, and the selling appears to be coming from previous management and others who took small stakes in the placement, and are cashing in for 1.5c profit. Once the “weak” sellers are out, the price should rise nicely. “
Looks as though the weak sellers are now out....!
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