EGO 0.00% 12.0¢ empire oil & gas nl

Consolidation, page-20

  1. 5,641 Posts.
    lightbulb Created with Sketch. 541
    Yes - I was opposed to it but I do understand that the current spread makes the gap too large a difference - if it is only worth less than so be it. For someone to really purchase they have to pay 0.5c that 25% more than 0.4c and for someone to sell they wanted 0.5 but the step down is 20% at 1 for 100 the steps would be in half cents on which would make it 49.5c vs 50c or 40.5c vs 40c.

    I am a believer so the short term pain could be a buying opportunity.
    Last edited by joewolf: 30/08/15
 
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