EGO 0.00% 12.0¢ empire oil & gas nl

EGM documents due this week, page-2

  1. 283 Posts.
    Hi AI99
    with a friend like ERM power, who needs
    Enemy's .
    ERM are the ones trying to down grade your invest you have brought in to empire by asking for share to be issued, at basement prices. I bet most shareholders here would love to have avenge 1 cent a share price value.
    we as shareholders are being taken advantage of by ERM coy due to low money we hold. We have been lied too by board members in the past years and now there saying we yet need more/ raise capital again.it is not funny anymore and the current board are talking about a Hugh blow out in shares like there talking about selling a Jims mower run, not a producing oil and gas firm. ( talk about a fire sale at empire and the only buyer being ERM given VVIP treatment from the empire board. This deal has been poorly sold and the lack of communication is amazing.

    how high would the share price be if ERM had to by there next 10% on market ?

    easy 3cps-4cps that's what, well that is what a lot of us have brought in at,

    Why can't ERM buy on market like the rest ?

    and to Answer your last point in your question:

    after the corporate deal fulls over, and if ERM wants to take there bat and ball and want there money repaid , I say fine let's have a capital raise at least when we raise money from shareholders, we can dilute ERM 10.2% shares as well. Now that would be fair.All shareholders feel the pain not just the retail shareholder.

    Boeing777
 
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