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
Ann: Encouraging Gold Intercepts at Penny's, page-8
Add ERL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.452M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $6.236K | 1.978M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3799998 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5904548 | 13 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.3¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 100000 | ||
| Last updated 11.19am 10/05/2024 ? | |||||
| ERL (ASX) Chart |