EGO 0.00% 12.0¢ empire oil & gas nl

ERM Exit, page-5

  1. 5,453 Posts.
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    ERM's flirtation with gas ended with the closing of its ERMGas subsidiary, selling off its assets in the east and The west. EGO is sole remaining link and it will exit when an offer meets its exit criteria.
    Ask yourself the question Wabbit. Why would ERM keep its investment funds in an industry where it has no expertise but is expanding in the industry it knows well but has funds locked up in EGO it can use elsewhere.
    ERM will exit and imho it will not be long before it does.

    BUY ON RUMOUR AND SELL ON NEWS
 
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Currently unlisted public company.

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