EMP 0.00% 1.0¢ emperor energy limited

buying opportunity

  1. 2,023 Posts.
    lightbulb Created with Sketch. 773
    For those interested in why the share price is at 2c

    It is because a colleague of mine called the broker of Greenrock and found out they had 4.75 million shares left this morning and at lunch time they had 2.5 million left.

    I believe they just sold another million at 2c (2.50pm) and that leaves 1.5 million.

    This is all about supply and demand and they have sold down their 25 million shares since October because OBL did not have the cash to pay them 500K for 20% of the backreef block.

    I am relaxed and watch what happens when the final 1.5 million have gone. The share price will bounce big time.

    DYOR but they are just about GONE!!!!!! Good bye they need the cash.

    Someone will take out this last bit and I reckon OBL will be bid up big time.

    I am all over it.


 
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