Australia's largest stock trading and investment forum Australia's #1 stock forum

E2E

Click for more information

0.00%

0.1¢ eon nrg limited

Company Changing Announcement, page-71

First 71 Last

Share
Profile

Follow
Glitterati

819 Posts.

106

28/02/19

14:40

Post #: 37604673
Share

Originally posted by kelkent: ↑

So I am going to pose a sinister scenario of what occurred here and it paints a bleak picture of management

MGMT announce unaudited revenue record for october, then somehow it halved in nov and dec - could be accounting treatment that got it to be so high then lower (sneaky move as it is unaudited)

This put a rocket on SP and a lot of people took stakes in the options (myself included)

Raise was always on the agenda but they wanted higher SP

They then raise a bigger discount once they realise that with so many E2Eo holders they can entrap them as now you can't even sell into 0.001, forcing them the only way to get investment out is convert and then sell heads and thus lining coffers. It also strings them along in the hope that maybe not nov 2019 they get above 2c but it could be in next 2 years.

There is a few factors to this, but it is my opinion only and not a statement of facts, it is a commentary on events surrounding them

Expand

Good summary......unfortunately, I don't think this is too far from the truth

E2E Price at posting: 0.6¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 26 more messages in this thread...

First 71 Last

Add E2E (ASX) to my watchlist