Looking back at his posts he was right about shorting the AUD, so credit must be given where credit is due.
What I am curious is to why he is posting here? Of all the stocks to post why choose EGO? INT or CFU would be a good candidates to start with if your talking about getting screwed.
It is a bitter pill to swallow that under the new management team the SP has reduced to .05 cents per share, so if purely using the SP as a measuring stick we have indeed been let down (shafted?) by management, as they had claimed they were going to add value under their stewardship.
Global and Chinese macro conditions are certainly looking shaking right but regardless of what the future holds EGO is on the cusp of a new chapter with Tranche 2. Surely even Octain can see this as positive progress for EGO?
EGO Price at posting:
0.4¢ Sentiment: None Disclosure: Held