EGO 0.00% 12.0¢ empire oil & gas nl

Why don't we start buying a few back? I'm not talking about...

  1. 549 Posts.
    Why don't we start buying a few back? I'm not talking about spending millions of dollars at a time here, start buying back on market at opportune times (low SP) and watch as the market gets some comfort back and the SP builds...

    Start by spending say $25k per month (when the O&G payment cheque comes in), after 6 months there will be about a billion less shares and the market will see the confidence that the coy has in itself. We only have 4 months to go until tranche 2 comes in to play, start the buy back now so that when Tranche 2 comes in the company is worth something and is seen to have confidence
 
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