EGO Newspaper Article 21/09/13, page-5

"Empire has about 6.3 billion shares on issue and is a day trader's favourite, which helps explain why it attracts so much attention in online chat rooms.

Mr Marshall concedes that Empire's share price is disappointing, as is the lack of investor appreciation of Red Gully.


Usually I'm not a big fan of consolidations but in this case I think it would be hugely beneficial with over 6 billion shares on issue it's not surprising that the share price doesn't accurately reflect whatever a reasonable value for the company should be.

As soon as a company garners a value near to $100M it's very hard to take seriously a share price that is only a little above $0.01.

As soon as turning revenue it creates much larger appeal to a wider range of investors but is any kind of fund really going to buy stock at such a low market price ?


Surely a consolidation anywhere from 10 - 100 to 1 would be beneficial ?


FWIW I'm not a shareholder I haven't owned any in stock in the company for over 5 years, just a comment / observation.

Good Luck to all