EGO 0.00% 12.0¢ empire oil & gas nl

Looks like a T20 holder has had enough, page-60

  1. 4,299 Posts.
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    Crabbe 21
    What is meant by share holders value.
    Is it the SP price or the asset value.
    The SP price is down through market force but the Asset value is up.
    The old board where taking out more than was put in and the asset value was decreasing.
    The new board is increasing the asset value and taking out less.
    Is the plant worth more now is is working at full capacity.
    Is Red Gull worth more after it was perforated.
    Are the concessions worth more now after the survey
    Is Red Gully 1 block worth more after the drill.
    It is like having your money in 12 months term deposits you do not see any value until it has matured.
    If you pull your money out before it has matured you get no value.
    That is the reason I am still holding as the value is increasing and will be realised in the long term.
 
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