EEG 0.00% 22.0¢ empire energy group limited

Ann: Trading Halt, page-26

  1. 13 Posts.
    Hi Shake it,

    I have read many of your posts over the past decades and appreciate the sentiment behind your kind words.

    I have never sold a share and in part that is because I always had faith first in Marcellus shale play and then the NT operations. I’ll likely ride this to the end with my stake but as I said I am not investing any more.

    I question why cap raise at such low prices when clearly the SP is being affected temporarily by factors outside of the ability of EEG to control ? Not that long ago we were over 30c and the last cap raise was around this price. 22c is too big a discount and now resets the market value perception. Possibly waiting another month could have added over 25% more capital at a price that underpinned a more realistic market value.

    Last edited by Joelhunter: Revised % 02/06/22
 
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