EGO 0.00% 12.0¢ empire oil & gas nl

Thank you to all shareholders who voted, page-58

  1. 1,525 Posts.
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    Hi Crabbe,
    The last time that question was asked 'why our share price was not moving' our friend Wabbit had explained it to us. He said the board was holding information from the market till the 31 of August, so we don't have to pay ERM any top up (interesting strategy), after the 31 of August, we will get announcement after announcement. If you remember then, ERM was to receive around $5 million once the share price reached .80 cents. Well, that deadline date of 31 August has well and truly passed almost 3 months and we are yet to see the board in action, releasing news after news.
    But in an article not so long ago, Chairman Tony answered that question,'Why the share price isn't doing so well,
    Simply because of world oil price and a small group of share holders on H/C, another words you and I.
 
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