EGO 0.00% 12.0¢ empire oil & gas nl

Trading Halt Enquiry, page-39

  1. 1,525 Posts.
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    Healyn,
    regarding, P.Garratt and his investment (around $3 mill), yes l agree he would have greater concerns if the share price dropped in value after consolidation, but don't forget he would also have got those shares at a cheaper rate, not all at .005 but some at .004. Most of us have paid as high as 2, 3 or 4 cents (me 3.2). After 4 years of waiting, as l stated in an earlier post, l was very optimistic regarding EGO and the future drilling of 4 new wells which seem to never be executed. l recently topped up to recover my losses quicker. l am still the same optimist, but l also hate the sound of consolidation due to bad history of other investments that l had which cost me over 200k.
 
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