Investment View (over the next 12 months) - ERG's FY04 NPAT loss was expected. The outlook for FY05 is more positive, although risk remains in execution of project delivery. Following the recent pounding of ERG's share price in the market we have upgraded our recommendation from a SELL to a BUY to reflect: (1) Improved sales and profits forecasts ahead; (2) Improved financial position and cash flows as a result of the rights issue and restructuring; (3) Management confidence and commitment; (4) Total shareholder return warrants a BUY.
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.085M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 220000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.21pm 12/09/2025 (20 minute delay) ? |
| ERG (ASX) Chart |
Day chart unavailable