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
- Forums
- ASX - By Stock
- EGO
- Consolidation and shareholder concerns
Consolidation and shareholder concerns, page-6
-
- There are more pages in this discussion • 146 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online