EEG 3.57% 29.0¢ empire energy group limited

Ann: Trading Halt, page-28

  1. 627 Posts.
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    I bought more the week of the cap raise at 30c thinking it was the bottom. 45c should be our logical current price considering where the proven results place us, then at least $1 if the horizontal results are as good as expected. You make a very good point about the post election sell down, it is irrational and on low volumes. Perplexes me too we couldn't wait a month or so to do a cap raise at least above 30c. I won't be buying any more, especially considering the hit I've taken on my lithium holdings this week my portfolio can't cope with increased exposure to so called risk assets.
 
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