EEG 4.76% 22.0¢ empire energy group limited

Ann: Requisition of Meeting under s249D of the Corporations Act, page-28

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  1. 923 Posts.
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    Hey Coco, it has been a long difficult road watching the value disappear with our shares and wanting this Company to deliver.   I agree the Global Energy letter highlights clear deficiencies, but I strongly doubt that they want to obtain control of the Company for the benefit of all Shareholders.  Unfortunately I have been around long eneough to suss out these things.  Just my view.    I also think current Management have not been in for long enough for us to hang them just yet.  The facts show that running our US interests has not been a Company maker for us and has not even supported full debt repayment let alone distributions to Shareholders, so the US assets should probably go, and we start again as a penny stock with NT....


    Two not very attractive choices.  I'm not going to vote for Global Energy, but maybe I don't vote at all, I'm not feeling great about our prospects either way.


    GLTH

        
 
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21.5¢ 22.0¢ 21.0¢ $225.7K 1.059M

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2 152857 21.0¢
 

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Price($) Vol. No.
22.0¢ 128583 3
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