Last night I posted regularly and was continually howled down because readers had not properly taken notice of what I was trying to say.... People cannot seem to understand that Hot Copper ego forum is heavily anti Ego management and want a change,(fwiw I agree with them entirely)BUT, there are lots of other shareholders who do not follow Hot Copper and merely drift along with whatever the company does and don't want to be involved with any action...You don't have to be Albert Einstein to work out that only about 1/3rd of shareholders participated in the last 249d. Empire's response to ERM's initial announcement was your typical stereotyped answer that any one of us could have written.Remember this response will go out to all holders and to holders who are not aware of goings on and will fully agree with Empire's view that they are being taken advantage off and those nasty people from ERM waited until EGO had the gas plant up and running before making their move. That response from Ego was very well written to appeal to holders without an opinion,they will support EGO. I note that ERM have replied to EGO's announcement,the one glaring part of that announcement was the direct contradiction of EGO's announcement that ERM has made several overtures to EGO re EGO's performance whereas EGO said they have no knowledge of ERM's disenchantment. Just remember there are 2 sides to every argument and if you are not having the argument look at both of them.
EGO Price at posting:
1.6¢ Sentiment: LT Buy Disclosure: Held