EMP 4.17% 2.3¢ emperor energy limited

News: OBL Oil Basins announces 9-For-5 pro-rata renounceable rights issue, page-16

  1. 628 Posts.
    lightbulb Created with Sketch. 4
    You talk with a forked tongue or with the cynicism of a burnt ex-shareholder. I don't think you have read anything that's in the public domain or any recent articles about the East Coast Gas problems or what's going on with the big players in the Gippsland Basin in the Bass Strait. OBL is in the exact same territory - deals are going on!!!

    I hardly think that within the new direction of the company the board will be extracting "lifestyle" salaries and you can be sure that whoever is arranging the rights issue (broker) will not allow that to happen.

    WATCH THIS SPACE FOR FURTHER FRIENDLY COMMENTARY
 
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