ERH 0.00% 2.9¢ eromanga hydrocarbons limited

keep an close eye on this oil soaked spec, page-4

  1. 8,972 Posts.
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    10c ex price, expire July this year...oh AND you get a free option excerciseable at 20c (expiry in 2012 I think) for every ERHO you exercise, which is why I own so many (though where I'm going to find the funds to exercise them remains a question lol).

    So when ERH is 20c or more, every 1c increase i ERH shareprice actually equals 2c profit if you hold the oppies. You can imagine how happy I was when ERH was trading above 50c...not so happy when it dropped all the way back.

    Cdchi1
 
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Currently unlisted public company.

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