EGO 0.00% 12.0¢ empire oil & gas nl

Consolidation, page-57

  1. 914 Posts.
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    My SP average is 1.4 cents and with a current SP of 0.04 cents needs to add 10 trading points at 1 tenth of 1 cent to achieve my buy in price. With the consolidated cost price of 40 cents The SP needs to rise by 100 cents (1 dollar) to achieve my buy in price of $1.40, but needs to add 200 trading points at 1/2 cent to bring me back to square. I have no problems with consolidation but unless we receive a swag of major anns prior the SP will fall.
    If we are to recieve multiple positive anns we should get them before the vote, as this would take the heat out of the situation, it is entirely in the hands of the board.
    Ally
 
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