ERH eromanga hydrocarbons limited
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convertings are well in the money

  1. cdchi1
    8,972 Posts.
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    18/06/08
    15:50
    Post #: 3875736
    with a 'call' of 36c, the convertings look good value...and offer significant leverage to a good start tomorrow.

    They are at about 20% discount to fair value. Of course thats if SP stays at 60c.

    You would think reserves announcement wouldnt be too far off.

    Cdchi1
    ERH Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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