EGO 0.00% 12.0¢ empire oil & gas nl

Looks like a T20 holder has had enough, page-40

  1. 84 Posts.
    Healyn, it's reasonable to assume that brokers are caught between a rock and a hard place when it comes to reports they give their clients knowing that their clients might come across HC and be caught in cognitive dissonance when confronted with 2 polar opposite sentiments. No broker wants to risk potentially losing a client when confronted with this risk.

    Whilst I haven't been a shareholder for anywhere near as long as you I also have a significant amount of money invested and I also very much want Empire to succeed. It's safe to say that every shareholder large and small wants the same. It's also safe to assume that the vast majority of the 5,000 shareholders that own our company are punters and not bank term deposit customers. I am far more comfortable being invested in the upside potential of an exploration company with significant tenements when it is backed with the solidity and security of reliable production cash-flow. I have seen too many pure drillers fail on the success or failure of a single well.

    It is the boards' responsibility to market the companies prospects effectively. It is also our responsibility to do the same

    Peace

    D
 
watchlist Created with Sketch. Add EGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.