EGO 0.00% 12.0¢ empire oil & gas nl

Ann: Weekly Drilling Update - Red Gully North-1, page-23

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  1. kkw
    7,261 Posts.
    lightbulb Created with Sketch. 714
    The TH followed by such a insignificant announcement will potentially do untold damage to the SP as the market will view this as "the little boy who cried wolf".

    Even if there is a fantastic result that warrants a TH the next time round, the market will just say "here we go again". Yet another sign of bad decision making. In all my years of being in the O and G share trading,
    I have never struck this sort of announcement with a TH.

    $%#@* ! Need another email to TI.

    KKW
 
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