ERG 10.0% 1.1¢ eneco refresh ltd

buy at bottom and vote no for save self

  1. 172 Posts.
    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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Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $2.995M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $550 50K

Buyers (Bids)

No. Vol. Price($)
1 49000 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 65045 1
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Last trade - 15.54pm 01/11/2024 (20 minute delay) ?
ERG (ASX) Chart
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