EMP 0.00% 0.9¢ emperor energy limited

at least now I know why some shares were sold off yesterday -...

  1. 745 Posts.
    at least now I know why some shares were sold off yesterday - leagal action - but that looks ok to me and shouldn't drag out.

    now my reason for buying now

    have held this stock for around 2 years got "stuck" in a trade that should have sold out of - waited to get my money out and in the end did actually make some. But when I was holding I remember thinking "if I wasn't holding, I would buy here" as believe they have huge potential

    so now the price has drifted back to long term resistance @ around 0.03c so here imo is a buy

    next they have secured a rig that will be on site in a few weeks and going to spud a well which will only take about 10 days to drill

    not sure if this will go as high as last time so would be quite happy with a cent or two increase from here,

    of course if it is successful, well that is a story for another time

    ps tri2 hope you get yours 2! happy with my 0.029's
 
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