Australia's largest stock trading and investment forum Australia's #1 stock forum

EEG

Click for more information

5.17%

27.5¢ empire energy group limited

Ann: Trading Halt, page-69

First 69 Last

Share
Profile

Follow
flimflam

227 Posts.

26

21/11/19

11:27

Post #: 41551852
Share

Originally posted by possum2: ↑

The reality is with this cap raising and the FACT that there will be plenty of activity happening in the N.T with Santos and Origin including EEG it would be fair to say that the company has never been in a better position then where it is right now.
They now have a bit of security behind them, no debt and financially can now afford to do some work to prove up what they might have in this very prospective area.
Obviously if you choose to sell now you are not looking at the bigger picture. But that's the market these days.
The market is a different beast to what it once was. Now, most are looking for the quick buck and when they have it, they sell and look for the next opportunity. The enticement for investors to sit and hold has been taken away, because stocks generally get pushed up and then pushed back down . As soon as a stock shows signs of coming off investors run for the exit gates and begin looking for the next opportunity.

I have no doubt that EEG will be a higher price in 6 months time and therefore I am happy to sit and hold for that duration.

Expand

I would buy such a company, if I were a rich man

EEG Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

IMD

IMDEX to receive $10M in out-of-court settlement with Boart Longyear over downhole tool patent

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

EQR

EQ Resources transitions historic Mt Carbine tungsten mine to owner-operator system

SVL

Court of Appeal upholds environmental group's challenge to Silver Mines Ltd's Bowden project

There are more pages in this discussion • 15 more messages in this thread...

First 69 Last

Add EEG (ASX) to my watchlist

(20min delay)
Last 27.5¢		Change -0.015(5.17%)		Mkt cap ! $264.4M

Open	High	Low	Value	Volume
28.5¢	28.5¢	26.0¢	$65.56K	240.0K

Buyers (Bids)

No.	Vol.	Price($)
5	80852	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	172413	1

View Market Depth

No.	Vol.	Price($)
5	80852	0.265
6	261231	0.260
1	150000	0.255
3	306000	0.250
2	106000	0.240

Price($)	Vol.	No.
0.280	172413	1
0.285	6907	4
0.290	40000	1
0.300	330000	2
0.305	313472	5

Last trade - 15.09pm 16/08/2024 (20 minute delay)

EEG (ASX) Chart