The market formed bottom as Buffet said, and US +12%.
Where is bottom?
When the shares prices lower than 1/10, most holders have already not minded keep or cut , as same loss if cut. That should be bottom, just like now and in 1929.
If small share holders buy $500 at 0.007 for gambling, and win the Voting "NO" to the restructure, it could be $14286 at 0.20 after get back all unbilled customers payment. It's also a opportunity for WBC hedge back loss.
By the gambling and Vote "NO", to reduce Duncan's power, to keep the control of ERG.
I believe, The best resolution for most shareholders which is excluded by the board is ---
1.Get back all unbilled customers 200 millions cash payments, to recovery share holders loss by price upto $0.20.
2.Then merge to Cubic to say goodbye to the weak management board, may share market with Cubic by 50% 50%.
It's a double wins. They have some response today.
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- buy at bottom and vote no for save self
buy at bottom and vote no for save self
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.268M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 93999 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 12000 | 1 |
0.071 | 227400 | 1 |
0.072 | 257520 | 2 |
0.073 | 541781 | 3 |
0.074 | 315000 | 1 |
Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
ERG (ASX) Chart |
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