I haven't gone back too look cause I can't be arsed but I'm sure...

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trickyonthebeach

1,871 Posts.

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14/08/15

19:14

Post #: 15811148
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Originally posted by futurenow ↑

More and more ASX coys are engaging Eddie Sugar to promote their brand.

FMG, LNG and AJX have benefited from the Sugar touch.

Crusader just recently announced a deal with EAS.

EAS hold a large chunk of LWP (5th largest shareholder) so there's some comfort that the relationship is more than just back slapping and ego stroking.

I'm not sure where this post is going, but surely EAS perform some sort of due diligence before announcing their involvement with ASX listed companies.

A less than favourable association wouldn't bode well if 'the product' is simply vapourware.

I was in the bid queue that was dumped in to today, so I have a wry smile but also a raised eyebrow at what caused this event.

It will now be an even harder slog to get to the teens as those who were in the 8 and 9 queue may choose to take profit at 11 and 12 (or less!).

What would placate investors is an acknowledgement (not a detailed explanation) of this event in the next announcement - which should be validation of the pilot plant scale up.

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I haven't gone back too look cause I can't be arsed but I'm sure in the first couple of months of their engagement with fmg and lng would have been short term swings up and down like sll microcaps.

History has proven that simply buying and holding any stock the week EAS come onboard would outperform any portfolio fund mgr etc.

Jyst wait

LWP Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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