EGO 0.00% 12.0¢ empire oil & gas nl

Gs Have you been smoking the wacky tobaccy? IMHO consolidation...

  1. 357 Posts.
    Gs

    Have you been smoking the wacky tobaccy?

    IMHO consolidation to that level we are experiencing = shareholders lose money as the SP has room to move lower and quicker on the way down and this has been proven recently with SP,

    Further cap raisings what's the point of it, further dilution and shareholders lose more money???

    To me the whole strategy stinks. I don't see any mention of when mums and dads see a return of investment, none zilch, where is the strategy for that? The company should be focusing on being profitable and gaining more contracts and finding more gas, simple as that instead of fapping around with stock mechanics.
 
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