ERH 0.00% 2.9¢ eromanga hydrocarbons limited

help erhca , page-3

  1. 2,182 Posts.
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    there is no exercise date JB. The unpaid amount is called by the company whenever they feel it necessary. The holder of partly paid shares will need to paid within the time limit allowed. If you dont pay, generally your shares are forfeited or otherwise sold "at auction".

    Don't worry too much though. ERH recently raised money on market rather than calling the unpaid shares. Perhaps the fact that a fellow director was holding 27m of them via BSN may be a reason.

    The company has ERHCA paid to 16c. They could always call another 10c to raise $11m and have them then paid to 26c.

    DYOR!
 
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Currently unlisted public company.

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