After holding ego shares since prior the RGW1 drill I finally bit the bullet and sold a third of my ego holding this morning at 29cents per share making a loss for my SMSF of 99 cents per share.
I didn't take this decision lightly but decided at 71 years of age that after nearly 7 years of holding i have to make money elsewhere.
To say I am disappointed in the board is an understatement as I just can't figure out what they have done over the past 3 years that will advance our prospects ie
Drilling multiple holes.
I sold the share parcel at 29 cents as there is no market depth and I was worried that if changes are not made and the remedial work on RGN1 fails the SP may fall further with no chance of selling more shares.
Hence the title.
Good luck to us all.
Ally
EGO Price at posting:
30.0¢ Sentiment: None Disclosure: Held
