My guess is that you should expect a re-listing in a market more appropriate for where the assets and the institutional support will come from for a next round of fund raising. The ASX is not the right market for EPG. Also from a political stand point getting the support from French politicians is important. The improving story can be better marketed and followed by European broking firms. This is a long term investment that could prove very attractive, and although not without risks, management have alot of "skin in the game" so at least you are aligned. In addition the Euro is on its knees and the AUD is rightly highly valued for now (key on conversion). I would guess that this premium will not be so wide in 3 to 5 years time.
EPG Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held
