EGO 0.00% 12.0¢ empire oil & gas nl

Oh well, no well., page-3

  1. 5,453 Posts.
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    I did much the same but a little earlier and like you at a loss I care not to think too much about.
    I reinvested into all small West Perth oiler with substantially better prospects than this busted company and with an active management team that delivers on its promises.
    My investment is in the black by 22% and 19% respectively as of today.
    EGO is all about show, the photos in the AR would do well in a photographic exhibtion, the words in the report are flamboyant and hold little promise anything will ever be carried. The last 3 years promises of bringing value to shareholders investmentsring hollow and if it ever happens will only bring profit to a very few but certainly not to shareholders who have long term investments paid for at much higher shareprices that what we have since this lot have had their hands in the company's levers.
 
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Currently unlisted public company.

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