EGO 0.00% 12.0¢ empire oil & gas nl

Why 100:1?, page-2

  1. 2,919 Posts.
    lightbulb Created with Sketch. 51
    In the event that we have to raise more capital the 100:1 consolidation would seem to be most efficient.

    "Efficient"

    What do you mean by efficient

    I assume you mean that if or when they go to the market to raise funds in the future the higher the price the better, as each point needed to discount to atrract interest in the cap raise will have a lesser effect on the market cap.

    Is this what you mean by efficient?

    If not! What do you mean? As without any definition the post seems meaningless to me.
 
watchlist Created with Sketch. Add EGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.