EMP 11.1% 0.8¢ emperor energy limited

EV $1.4M, Cash $1M - perfect shell for acquisition

  1. 222 Posts.
    lightbulb Created with Sketch. 5
    With ENB allowed to continue trading despite being an O&G shell, this one is ripe for an acquisition with a current EV of $1.4M.

    A prominent Top 20 with underlined names of just some of the usual shell suspects.  Clearly they are setting themselves up at basement levels.

    Screen Shot 2018-03-24 at 11.43.39 PM.png

    In addition, post release of the above T20, there was strategic absorption of all unmarketable parcels by SF, thereby increasing stake to almost 10% of EMP.

    Screen Shot 2018-03-24 at 11.50.35 PM.png

    QNL (HGM), BMG, AAJ are just some examples of shells with SF involvement in the T20 before a prominent run.

    Certainly a great time to get set before any upcoming favourable news.
 
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
-0.001(11.1%)
Mkt cap ! $3.067M
Open High Low Value Volume
0.8¢ 0.8¢ 0.8¢ $500 62.5K

Buyers (Bids)

No. Vol. Price($)
5 2053405 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 237500 1
View Market Depth
Last trade - 10.02am 08/08/2024 (20 minute delay) ?
EMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.