EGO
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0.00% 12.0¢ empire oil & gas nl

Consolidation, page-48

  1. DJ Wegs
    1,228 Posts.
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    26/10/15
    13:38
    Post #: 16253929
    I don't think i have ever seen a consolidation go well for a spec stock before...and usually they are only 10:1!!

    In most cases, the sp just gets hammered back down near pre-consolidation prices...meaning an extra 90% loss on top of whatever losses people were sitting on pre-consolidation.

    I really hope this one bucks the trend...but i have almost no confidence that it will!
    EGO Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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