Hanabi,
Thanks for the post
- the reason for the PE of 4 is found in the 80.8c per share earnings for last financial year. Someone may know the reason for the apparent windfall - the forecast had been for 9 or 10c or thereabouts.
In any event, they touched $2.26 on another down day, which is positive.
I bought a few at $2.23 the other day.
Ann: ERM POWER ANNOUNCES EXPANSION INTO US ENERGY MARKET, page-8
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