The latest junior to go for a run on the markets has been Perth Basin bridesmaid, Empire Oil, whi...
The average weekly trading price for the past two months has been more around 0.4 cents so the run to 0.8 cents in two days and the 30 million shares that were turned over caught the eye of the ASX which queried Empire with the usual questions.
The usual responses were given - that is, there was nothing the company knew about that could explain the upswing in activity. EGO was trading thinly this morning at 0.6 cents.
The author owns Empire Oil shares.
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