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Re: Re: Re: [sharechat] EPH - what gives?

From:	"Steve Moxham" <steve@ezysurf.co.nz>
Date:	Wed, 12 Jul 2000 10:15:32 +1200

EPH up another 3c this morning to 36c. A 9% gain on good volume.

24 hour return to 10:10am = 38%.

Pending a public announcement that could be viewed "positively" by the market the recent activity in EPH shows remarkable timing on behalf of the purchasers. Regardless of whether there is unscrupulous activity taking place it does raise your suspicions of insider trading. WHO is buying and WHY now? In the absence of an adequate response to these questions its easy to see why 80% of investors perceive insider trading to be a problem in NZ.

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