I spoke with Trident Capital (Sean) about the current 'state of play' as it were, with a view to realising a FYE18 'loss' on EGO, not happening, as in 'not logistically possible' to get all ASX-listing 'hoops' completed before June 30...
Briefly (from Trident), EGO-shell is likely to become the target of a 'reverse takeover' prior to share-consolidation (20:1), re-capitalisation, and re-listing as a new entity @ that A$0.02 price identified in the DoCA...
There is basically 'no way in hell' EGO (or it's new corporate aftermath) will be re-listed on ASX for any of us to 'SELL' and therefore realise, a capital LOSS before June 30 2018...
If you've got 5-10 mins, and you're 'capital outlay' is reasonably significant, I'd recommend contacting Trident, they're pretty 'straight-up' and forthcoming with the 'state of play' for EGO...
ML
I spoke with Trident Capital (Sean) about the current 'state of...
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