EGO 0.00% 12.0¢ empire oil & gas nl

MIN 2017 AR

  1. 904 Posts.
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    Maybe Chris Ellison sees somethign similar in Empire...

    See page 28 of the MIN 2017 AR:

    "...In 1986 Chris founded Genco Ltd and following two years of considerable growth, Genco Ltd merged with the Monadelphous Group in 1988. In September 1988 Receivers and Managers were appointed to the Monadelphous Group. At this time, Chris was appointed the Managing Director and under his careful management, the group successfully traded out of its financial difficulties and eventually relisted on the ASX in late 1989. In 1992 Chris founded PIHA Pty Ltd, a Company focused on the provision of specialised pipe lining and general infrastructure. Other current directorships: Director of Mesa Minerals ..."

    One can only hope, I haven't done much 'research' on this, but it took him roughly ~12 months to 'relisted' it on the ASX, but I am yet to find determine the outcome of that relisting...

    I'll certainly be watching our exiting BoD for any signs of 'phoenixing' activities over the next 24 months, that's jail-time, or at the very least, 'blacklisting' from ASX and/or 'unlisted' directorships...

    The hand is still yet to be 'played out' it appears...

    ML
 
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Currently unlisted public company.

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