ouch - this is gonna be painful, page-9

Not 100% sure but quite difficult.

The biggest shareholder of ERG has laid out all to get all of ERG asset bit by bit. He is expert to play the value and would try to get any puffs from ERG, a cigar butt in the market. The game has got the point where small shareholders or other big shareholders could not get enough right to protect their interests.

The days of ERG seems countable. 50% of ERG certainly will go. ERG could be there just to get as much as possible from the Sydney Project.

I take ERG as a trade target to buy extremely low.