Cashed-up Enerji picks new leader FAIR DINKUM!!!!, page-33

Directors and ECM will be the largest and major shareholders in ERJ. They are unlikely to sell the share price. It is less likely, ERJ is required to consolidate the shares.

Because ECM will subscribe at 0.015 and 0.025, desperate retail shareholders thought that the share price will drop to 0.015. Unfortunately, they are not aware of the fact that the average cost for ECM is $0.0182 and not $0.015. Most desperate retail shareholders generally do not analyse carefully before making selling decision. Whoever sold their shares yesterday would regret of their selling decision.