EGO 0.00% 12.0¢ empire oil & gas nl

Hi everyone have not posted here for some time, well things are...

  1. 489 Posts.
    Hi everyone have not posted here for some time, well things are not good when they want to consolidate 100:1 reason if you have got 1 million shares that you paid 1 cent per share for, then you’re running at a loss and the consolidation would not be on your 1 million shares it would be on 1/2 million shares so the outcome would be 5000 shares after consolidation.
    So if my calculations are correct, then a lot share holders are going to lose a lot of money and may end up with no shares at all, please correct me if I am wrong.

    Time for EGO to respect all shareholders
    Have a nice day everyone.
 
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