EGO
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0.00% 12.0¢ empire oil & gas nl

Hi Surandy70 You are so right mate and that's why I will not buy...

  1. paladin boy
    3,025 Posts.
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    11/09/14
    15:34
    Post #: 13960386
    Hi Surandy70
    You are so right mate and that's why I will not buy back in on these terms ,a very one sided deal IMHO.
    The trouble is with the debt they have loaded EGO with, there is not much alternative now. And not a drill in site. Maybe 12 months time when they have consolidated the shares things will clearer and maybe a J/V in place, until then money stays in the bank.
    Good luck to holders and hope I'm wrong .
    PB
    EGO Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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