EMP 0.00% 2.1¢ emperor energy limited

Ann: Notice of General Meeting/Proxy Form, page-8

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  1. 1,863 Posts.
    Without getting too carried away I feel we can be somewhat encouraged.

    The fact that management are cutting their salaries and taking shares as part of the reduction in my opinion indicates that management still believe they can be successful.

    I'll be honest I believed we were on the road to administration. I do not think so now. If management believed we were on the road to failure it would not make any sense to cut salaries. It would make much more sense to just ride it out to the end.

    Of course this does not guarantee success but it's a good start. I agree with newregime I like the fact there taking shares at .05c.

    If Doyle was able to acquire a cornerstone investor in the current climate that would be an absolute awesome achievement. Let us not expect too much but you never know..................

    I believe managements credibility with ordinary shareholders had hit rock bottom. It has bounced off that bottom.

    Managements latest announcement is affirmative action not the usual affirmative words. That's a very encouraging change !
 
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