and that is after positive news from EGO. Good cash flow, RGN discovery, Tranche 2 etc.
the Consol was poorly conceived, ill-judged and heavy handed.
And yep - EGO cannot reverse the consolidation now, as it would be impractical.
And yes, the SP would have fallen because of drop in POO.
But how much without the Consolidation?
I guess it is like asking just how much of your leg do you want to chop off?
EGO Price at posting:
37.0¢ Sentiment: None Disclosure: Held