With ENB allowed to continue trading despite being an O&G shell, this one is ripe for an acquisition with a current EV of $1.4M.
A prominent Top 20 with underlined names of just some of the usual shell suspects. Clearly they are setting themselves up at basement levels.
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In addition, post release of the above T20, there was strategic absorption of all unmarketable parcels by SF, thereby increasing stake to almost 10% of EMP.
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QNL (HGM), BMG, AAJ are just some examples of shells with SF involvement in the T20 before a prominent run.
Certainly a great time to get set before any upcoming favourable news.
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- EV $1.4M, Cash $1M - perfect shell for acquisition
EMP
emperor energy limited
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8.2¢
EV $1.4M, Cash $1M - perfect shell for acquisition
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