ERA 5.88% 3.2¢ energy resources of australia limited

elc.. you are using the price of $2.25 as some sort of guideline...

  1. 580 Posts.
    elc.. you are using the price of $2.25 as some sort of guideline to the current price drop. Did you buy at around that price or much higher ? I'm sure you have bothered to look at the trend over the last 2 years for an overall picture of this company. And forget Fukushima etc. the rot started a year before that.

    What it's now worth is anybody's guess. I, with some others, am constantly thinking - when is all this going to end and IF this company has any chance of becoming what it once was. I consider buying ERA on any given day - then I hold back a little and voila! down it goes again.
 
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