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Singa, I love reading your posts, they kill me. Here is some...

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gsaussie

225 Posts.

29/01/16

23:19

Post #: 16901290
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Originally posted by Singa71 ↑

Consolidation was over done, well thanks board for that. You have ruined my investment and my potential for me ever getting a profit. Just going from bad to worse. Wasn't Morgan's the brokers who supported this ridiculous consolidation. The board even knew better than them after Morgan's recommended 50:1, our board went one better 100:1.

Seriously we are all goners, what's the boards response - will they ever say to me sorry. Please all step down and move away from my investment, whilst you remain here I am a goner.

I maintain my negativity regarding this and I believe they should all resign and move back to other companies and work for a board again who knows what they are doing, these people are totally responsibly for our SP and EGO deserves a better board urgently. Our board have no understanding or even care of what they have done to every SH.

Simply I will say this, they will never unlock value or give me a profit. The global market hasn't ruined EGO our board have done this.

They have ruined any hope for my investment. Where's the accountability here. I am so upset and what hurts even more is that they were told this huge consolidation would ruin EGO going forward. Well another year or two of disappointment, unfortunately and it perplexes me of how out of touch our board are and why they did what they did. I for one will never trust or support them, I just want them removed from my investment.

How on earth would any farmin or large investor buy into this company while being run by this current board, seriously it would scare me off after how wrong they were. T/O is only option for any of us getting any money, most of us have to except that we will never get a profit as $2 will never ever happen, any way sadly that's how I see it. But I know who is responsible and it's not HC or the global market, it's a badly run board.

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Singa, I love reading your posts, they kill me.

Here is some work I did on the consolidation a while ago, it does suggest 100:1 was the best ratio to go with.

http://hotcopper.com.au/posts/16382509/single

I'm not sure it will convince many people on here since rumour, conjecture and conspiracy is much more entertaining than facts and data.

EGO Price at posting: 39.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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Singa, I love reading your posts, they kill me. Here is some...

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