Eagle Energy Inc EGRGF

RE:RE:RE:RE:RE:Return the BOD that Lost 90% of Your Investment?

[alkhor]

Who said I bought at the IPO? Ny ACB is 67 cents, which still means I'm down around 40% but there is hope that even the old management can get the share price back up.

Don't forget at the IPO the sales job was for a $10 per unit investment you would receive a $0.0875 dividend every month, or $1.05 per year. The falling price of oil pretty much killed the dividend but there is no way one can justify a 96% fall in the share price based solely on the oil price. Every other small to medium oil company on the TSX suffered the same fall in oil price yet the majority have fallen in the 50%-75% range. The further fall of EGL can only be attributed to poor management. The only silver cloud is they are not quite as bad as the management of PLT and AET were.