EGO 0.00% 12.0¢ empire oil & gas nl

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  1. 532 Posts.
    If the three stooges were running this company i think the share price could not be worse. haven't even seen the report but don't need to as the trading, or lack of, tells all, if anything a few got out so some weren't impressed.

    I don't mind the 100:1 consolidation ratio as we WILL look better, I mean 45 cents and only 102m shares will look attractive. Of course i'll miss the liquidity (we won't be trading millions any more) nor will we have millions to play with as well - we'll get used to i suppose.

    The consolidation will most likely get through and all we can hope for is any 'huge' announcements to be made but i wouldn't hold my breath but at least the drilling is soon after so that 'should' support if not help the share price.

    So it's just more of the same, wait wait wait, but at least we ARE close now, and hopefully we get off this 4-5 area or 40-50 as it may well be, and on our way, as once we are, should be no looking back.
 
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