EGO 0.00% 12.0¢ empire oil & gas nl

Consolidation and shareholder concerns, page-108

  1. kkw
    7,166 Posts.
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    Ahjay,

    Look at it this way, at the moment, there is not much more room to fall. 0.5c. Once consolidated to 10c or 20c, there is plenty of space to drop. Could come back down to the same 0.5c, except you won't have the original number of shares !!!

    If there is definite positive news to support the SP, sure go ahead. But ATM, we are just talking about how it MIGHT create a better appeal to the Share Registry, to investorsor and getting away from the image of a penny dreadful. Could very well be a penny dreadful again except with much less shares if we do too.

    My view, if it ain't broken why spend money fixing it? Wait till we are bulging with good news!

    KKW
 
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