Great post from newregime.......................... so what ?
In my opinion further dilution going forward will override any positive announcement unless Doyle performs a miracle.
Some will make money out of this. Management have thru salaries and will continue to do so.
The only way long term shareholders can start to grind back their significant losses is.... firstly, no more dilution issued to shareholders. The only way to achieve this is for a benevolent benefactor to throw cash at OBL for a sustained period of time. You can do a newregime and be a dreamer believing this is imminent. Secondly is for Neil Doyle to perform miracles and the subsequent outstanding company making announcements to make good reading on the second page of the national newspapers.
If you think anything less is required for OBL's stock price to make a significant sustained upturn you should sit next to newregime and compare each others dreams.
Dilution to shareholders when not accompanied by increases in company profits is and always has been a killer.
Deep down we all know this...........even newregime.
This is why I pray for a miracle !
- Forums
- ASX - By Stock
- EMP
- Material event for Derby Block USG Exploration
Material event for Derby Block USG Exploration, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMP (ASX) to my watchlist
(20min delay)
|
|||||
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 |
Last trade - 10.35am 07/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |