The market formed bottom as Buffet said, and US +12%.
Where is bottom?
When the shares prices lower than 1/10, most holders have already not minded keep or cut , as same loss if cut. That should be bottom, just like now and in 1929.
If small share holders buy $500 at 0.007 for gambling, and win the Voting "NO" to the restructure, it could be $14286 at 0.20 after get back all unbilled customers payment. It's also a opportunity for WBC hedge back loss.
By the gambling and Vote "NO", to reduce Duncan's power, to keep the control of ERG.
I believe, The best resolution for most shareholders which is excluded by the board is ---
1.Get back all unbilled customers 200 millions cash payments, to recovery share holders loss by price upto $0.20.
2.Then merge to Cubic to say goodbye to the weak management board, may share market with Cubic by 50% 50%.
It's a double wins. They have some response today.
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- buy at bottom and vote no for save self
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The market formed bottom as Buffet said, and US +12%.Where is...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.813M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 140000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 24532 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 140000 | 0.013 |
2 | 1002433 | 0.012 |
1 | 54187 | 0.011 |
2 | 666835 | 0.010 |
1 | 111221 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 24532 | 3 |
0.015 | 30384 | 2 |
0.016 | 15000 | 1 |
0.018 | 182313 | 1 |
0.019 | 20000 | 1 |
Last trade - 16.21pm 11/08/2025 (20 minute delay) ? |
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ERG (ASX) Chart |
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