EPA ephraim resources limited
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Hope nobody got burnt on this dog stock. Amazing that the...

  1. webral
    5,347 Posts.
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    02/07/14
    13:28
    Post #: 13600478
    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?
    EPA Price at posting: 1.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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