Ann: Notice of initial substantial holder from ER, page-5

re: Ann: Notice of initial substantial holder... ERM has acquired 401,192,777 shares in the last four months, ie since 22/4/13.

Prior to this buying they held 39,311,000 shares. Looking at the daily volume traded on 18 & 19/4/13 it wouldn't surprise me if ERM first started buying shares on either of those days. Especially when you consider the daily volume prior to 18/4/13 and then since then.

On the days that ERM has bought they have made up a significant portion of the volume traded.

What announcements came out on 18 & 19/4/13?

18/4/13:
Red Gully Gas & Condensate Facility Final Cost Estimates

19/4/13:
Non Renounceable Pro Rata Entitlement Issue (and related documents);
Approval to commence Wannamal 80km2 3D Heliseismic Survey