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EPW $1.35

Downward pressure without reason?

  1. decrisper

    326 Posts.
    1
    Yep - there continues to be downward pressure. The only comfort is that trading volume has been very low. Is there something we don't know that EPW has yet to announce? How solid are arrangements for the sale of the gas assets to EGO? Perhaps that sale is going to fall over or maybe it is seen as a poor or unnecessary deal. There are strong links between EPW and EGO - directorships, shareholdings, consultancies etc. and this always concerns me, however, if dividend is maintained then at the current SP we have a yield of over 6.3% fully franked.

    DYOR - seek independent investment advice.

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