EGO 0.00% 12.0¢ empire oil & gas nl

Consolidation and shareholder concerns, page-6

  1. 914 Posts.
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    Hi healyn.
    I fully agree with your reasoning and as expressed previously I think consolidation should wait until the sp is over 2 cents and rising fast. Next year with 4 drills planned maybe a better time for consolidation.
    The other point I would make is, this management are switched on and I wonder if they are confident of the sp actually increasing to around this level prior the AGM. Recently they have tended to under promise and over deliver (for instance today's Ann regarding the Black Swan aerial survey being completed over ep 368 & 426) and wonder if they expect more of the same in the months leading up to the AGM.
    Ally
 
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