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wabbit

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20/10/16

17:10

Post #: 20007779
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Originally posted by healyn ↑

There are 6000+ shareholders of EGO. How many of those I wonder constitutes a "vocal minority"?
By my count there are only, what about about 10, perhaps no more than 20 that post on HC about this company and the board that may be construed as against the board and some of its decions and the outcomes of those decisions.
Remarkably the chairman appears to suggest that this "vocal minority" via its posts on HC has the effect of making EGO's SP fall.
It is logic that I do not understand. This so called "vocal minority" from my reading of their posts are sitting of huge losses in the value of their investments in this company and to criticize the board for not living up to their published promises is somehow making the SP fall. and that is what the chairman's suggestion is the "vocal minority's" intent.

What about the non vocal majority? Why haven't they in their thousands overwhelmed HC with their admiration of this company's board's decision making and its outcomes? Surely if that were to happen the company's SP would be counted in among the ASX100 by now.

It hasn't happened and blaming a few very frustrated retail shareholders for the abysmal state of this company's SP or how its management team is operating does not reflect well on its chairman or his board of directors.

Come on Board do something positive for the company instead of blaming us.

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healyn.

It is unbelievable I am agreeing with you again the amount of SH that post on HC would have no influence on the SP.
My opinion is the problem with RGN 1 and the drop in oil price as you can see the SP is rising with the oil price but if that is it I would not have a clue.

EGO Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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Newspaper article, page-6

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Utah authorities sign off on Anson's lithium extraction plans at Green River

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Vulcan appoints investment bank and M&A veteran to board

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

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