EPA 0.00% 0.2¢ ephraim resources limited

Hope nobody got burnt on this dog stock. Amazing that the...

  1. 5,258 Posts.
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    Hope nobody got burnt on this dog stock.

    Amazing that the company can get away with issuing 1.5b shares at 20c with paper value of $300m for something valued at next to nothing. The independent expert probably overvalued it near 1c per share imo. What's the chances a few of the recipients acquired the 15m shares at 20c to raise $3m with average much much lower including all the freebies?
 
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Currently unlisted public company.

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