Share
4,299 Posts.
lightbulb Created with Sketch. 28
clock Created with Sketch.
18/02/16
07:32
Share
Originally posted by SAMURAI8
↑
I guess my take on this not being a day trader on disallowed is,
Having held stock in EGO as one of its major shareholders for more than several years and having gone through the transition to a new board and the old guard was deposed,after all those legal wrangles.including a consolidation it is a great pity that the only direction of these shares is in a Southerly direction,anyone who invests in any venture or any company fully expects to get some kind of return for their capital,
The other possibility of course is a company must have a viable market for its product to earn revenue so I assume there are not too many markets within Australia for this purpose,
therefore why bother sinking multiple wells to find more product that has no market.
Just to clarify I am not a member of the board of Empire and not likely to be.
Expand
SAMURAI8 .
I can confirm you where in the top 20 share holders and not on the board.
I think you are wrong we are not producing oil in great quantities and there is a market for gas in Asia.
WE do not need to drill the oil well that is on the books.