EMP 4.17% 2.3¢ emperor energy limited

I still wonder where all those people are that put in the rescue...

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  1. 1,082 Posts.
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    I still wonder where all those people are that put in the rescue money through PSL well over a  year ago now - at the time knowing full well Vaz was in control? What did PSL tell themselves and the people they roped in? Also, the infighting obviously does no one any favours but Vaz will have the numbers and even if he didn't Carl is not the guy to make things happen either imo.  For now this is a  lose-lose proposition for shareholders. Before the last round of PSL capital went in I publicly questioned why anyone would further fund this - at the time there was all kinds of comments about "there surely being a deal" ....well, .....there wasn't. Same tired assets, no coherent strategy and any acquisition will dilute the heck out of current shareholders. By the way, I bet a nice bottle of Grange that as long as Vaz and/or Carl is/are involved, there will be no deal done that benefits any current shareholders. Good luck but there are many better places for my money. 
 
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