EEG 0.00% 22.0¢ empire energy group limited

The last cap raise was well supported by large holders and again...

  1. 619 Posts.
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    The last cap raise was well supported by large holders and again oversubscribed in the retail offer @30c. So who is selling now in above average volumes below this, especially after the positive drill results and $21million in govt drill grants?

    Hope it's not MQG, (4.4%) who didn't take up their rights offer. On the other hand, would be a long term positive if it's the passive opportunist Global Energy and Resources (5.4%) who failed a year ago in their board spill. After all, their entry price was at an all time low, so they are well in the money anywhere in double digit cents.
    Last edited by Shake It: 13/08/21
 
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