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2.1¢ emperor energy limited

Ann: Despatch of Share Purchase Plan Offer to Shareholders, page-15

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Boz2112

1,021 Posts.

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23/09/14

13:06

Post #: 14014782
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Originally posted by jaybay78 ↑

Have you ever thought for one minute that the company doesn't care if anyone participates in the SPP. All the nervous nellies will stay away because the SP has dipped below the SPP price, but the ones in the know will get their allocation and be the happier for it.

It isn't the first time this has been done before by a company on the cusp of a re-rate. By the way have any of you spoken to management?

All this talk of T/O etc etc, c'mon. I'll give you this, management aren't stupid. They know what they can get and have obviously have weighed up the situation. Don't you think management knew that a decision wouldn't be made on the 18th, or at least 2 weeks after. That's why in my opinion they announced the SPP. It will be closed before a decision is handed down. Those in the know will take up their allocation and everyone else won't. There won't be 238 millions shares issued mark my words but those who got in will be happy.

Just saying what I think.

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Jaybay when was the last time you spoke to management and what did they say? Also an example of a similar situation would be very useful.

OBL Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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Last 2.1¢		Change 0.000(0.00%)		Mkt cap ! $3.312M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$14.53K	681.2K

Buyers (Bids)

No.	Vol.	Price($)
4	968848	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	40000	1

View Market Depth

No.	Vol.	Price($)
3	683870	0.003
19	25757561	0.002
15	18215015	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	11012939	22
0.005	5224950	6
0.006	9926666	4
0.007	7845449	7
0.008	3646766	2

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