ERH 0.00% 2.9¢ eromanga hydrocarbons limited

convertings are well in the money

  1. 8,972 Posts.
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    with a 'call' of 36c, the convertings look good value...and offer significant leverage to a good start tomorrow.

    They are at about 20% discount to fair value. Of course thats if SP stays at 60c.

    You would think reserves announcement wouldnt be too far off.

    Cdchi1
 
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