So Patronus takes a 7% strategic investment in ERM.
Why have they done this?
They say for exploration potential and for M&A potential.
Do they think PAN is going to make an offer for ERM?
Looks like a profitable blocking stake to me. Not to move on ERM but rather to sell to PAN at a profit.
There must be something in the wind, IMO.
Ann: Ceasing to be a substantial holder from EVN, page-2
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $104.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 16.0¢ | $37.88K | 233.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 104407 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 140055 | 6 |
View Market Depth
| Last trade - 14.45pm 30/07/2025 (20 minute delay) ? |
| ERM (ASX) Chart |