You already bought them back?
In 2018 Dr Michael Ruane , well known WA mining entity, started buying shares and so far he has not stopped. (He currently owns more than 276 million shares. [ref])
He dumped the old board and is now chairman, with Sean Richardson as MD (SR has also been buying shares for years)
He loaned ERL money to buy shares in NTM a while back. I don’t know if it has been repaid or what interest rate he is charging.
NTM was recently incorporated into Daclan (DCN) and now ERL owns around 2.7% of Daclan (something under 17M shares i think at coat of less than 9c each )
ERL is doing its own stuff as well.
It sold Penny’s Find gold mine along the way but I think it gets a royalty on gold produced by the new owners.
cheers
You already bought them back? In 2018 Dr Michael Ruane , well...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.451M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $2.157K | 796.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 23804246 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 670000 | 1 |
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| Last trade - 11.27am 11/10/2024 (20 minute delay) ? |
| ERL (ASX) Chart |