EHR 0.00% 0.3¢ earth heat resources ltd

chart - 29 jan, page-9

  1. 2,467 Posts.
    lightbulb Created with Sketch. 281
    I still think that the trading history prior to Aug'10 isn't relevant for the following reasons:
    1) Fall River Resources (FRV) acquired a company known as Earth Heat Australia. The owners of Earth Heat were given 260mill shares in FRV as consideration.
    2) FRV then went on to divest all oil and gas interests and change its focus to a new energy company, re-listing as EHR.
    3) There were significant management changes resulting in the old board of FRV resigning (effective May'11).

    In summary, the company known as EHR has nothing in common with FRV, so I still don't see why FRV data is relevant to any charting analysis.
 
watchlist Created with Sketch. Add EHR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.