ERA 127% 0.5¢ energy resources of australia limited

Ann: Change in substantial holding, page-24

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  1. 11,242 Posts.
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    Zentree have been totally smashed on this investment, and have been very unlucky, as they had 5.4% before the big news, so would likely be sitting on losses of over $20m at least. He got written up a bit in fairfax today. I would guess he is either punting on Uox prices picking up enough to generate pressure to get Ranger and Jabiluka happening, or he is under extreme financial pressure and bluff-staking.
 
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