re: erg is profitable in 2003..
Not very observable are you ?...
Couldn't you see how intos are flooding out long suffering shareholders like you and suck them dry...
If you are waiting for a dollar or the old 10c level to get back in then forget it... You have missed the boat... Because from the conservative grass root analysis using DCF method, the equity portion of this company with the npv of at least AUD 600 mil and that equates to about AUD 2 a share based on WACC of 17% with Beta of 2... get it !... I will post an article about finance sometime this weekend so people here can read about the intos trading methods.
How do I know ? cause I've done the equity evaluation for them mob. Stay clear if you don't like it.. but don't talk it down cause you may end up looking like a fool..
Cheers
ERG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
