EGO 0.00% 12.0¢ empire oil & gas nl

One innocuous paragraph from the Annual, page-9

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    The announcement on the date you mentioned is in regards to the completion of the small holdings sale and it is only a single page.

    If you mean the presentation dated 2Sep15 and the coloured wheel on page 3. That is not a strategy.
    That particular presentation was directed to the O&G industry not to us. Did the earth move after that presentation? Seems it did not, we are still stuck in the trading range of 0.045 to 0.040c and with 10B+ shares in EGO's register the volume traded each day is almost nothing. It seems nobody was impressed.
    Perhaps there will be an announcement sometime between now and the AGM that may move the SP a little but all the positive announcements to date have done nothing. Hopefully whatever EGO announces to the market, presuming there will be one or two announcements, will be spectacular as the present SP is a reflection of the market's interest in this company.
 
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