EEG 3.85% 27.0¢ empire energy group limited

Ann: Successful Capital Raising, page-12

  1. 13 Posts.
    Management clearly do not care about stock prices, this is clear as day from the timing. These institutional investors are 100% going to take a quick profit and stall any attempt for a share price break out.

    Is it any clearer as to why they had to do this now and not in a few months time considering the cash at bank we already had ?

    As stated on earlier thread I have no faith this constant dillutions will ever stop, I will not participate in any SPP, I also find it laughable that they allocated less then 10% for this and it is again another slap in our faces.

    if I had a capital gain I would sell my shares in a heartbeat to use the loss and get some benefit from my decade of illogical blind faith.
    Last edited by Joelhunter: 06/06/22
 
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