EGO empire oil & gas nl

Shareholders have just been informed of a 1 : 50 consolidation....

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    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).
 
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