EGO 0.00% 12.0¢ empire oil & gas nl

joseph1652. Now I know why the value of your holding has gone...

  1. 4,299 Posts.
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    joseph1652.

    Now I know why the value of your holding has gone down you do not understand finance.
    You should have sold and purchased back like other SH have .
    We had oil and gas board that knew the oil and gas business by the concessions we have but were not accountants and look where we finished up almost broke.
    You cannot run a company on oil or gas in the ground you need money first to get the gas.
    It seems you may have a dairy farm just have a look at Warramabool Cheese run by accountants may not know how to milk a Cow Murray Golburn Chairman is an accountant.
    That is why we have a CEO that is oil and gas and that is what you need at the coal face you do not need a miner to sell coal just the same you not need a farmer to sell your milk products.
 
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