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Re: [sharechat] EBT and CBT

From:	Derek <dkw@paradise.net.nz>
Date:	Mon, 22 Oct 2001 09:01:19 +1300

Adam said:
>It appears the moment Ebets share price shows some level of strength it 
>gets pounded with some block selling.

I think that this is the effect of Eglobal which wants to distribute 
its 33% holding in Ebet to its shareholders. Any stength in Ebet
makes Eglobal more attractive than Ebet and then there is the threat
of all those Ebet shares about to hit the market.

Rgds,
Derek

(holder of ebt, egi, cbt)




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