EGO
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0.00% 12.0¢ empire oil & gas nl

PGY Consolidation

  1. Harry3539
    1,680 Posts.
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    06/07/17
    09:52
    Post #: 25696125
    Shareholders have just been informed of a 1 : 50 consolidation. Concern there that they may go the same way as EGO.
    They are in a small % on the Wyenot drill with KEY. Let's see how they go if it's a duster. Same tactics as our 1 : 100 consolidation with the timing of The RGN-1 drill.

    Consolidations can be crushing if you don't find oil or there appears to be no action around (EGO scenario at the moment).
    EGO Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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