EPG 0.00% 41.0¢ european gas limited

bartom,Chart shows a solid uptrend since May this year,...

  1. 7,936 Posts.
    lightbulb Created with Sketch. 232

    bartom,

    Chart shows a solid uptrend since May this year, consolidating then breaking higher holding 20dma, back to support today but higher volume on down day may signal further weakness here. Small volume pushing it most days at open so maybe in a bid to resolve cash and debt issues at higher share prices, and/or other asset sale in the mix too. To clarify previous post, at 40-50c level find it hard to justify value with production and cash levels plus debt, so not a buy for me until issues resolved.


    EPG

 
watchlist Created with Sketch. Add EPG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.