erh comments from my broker

his thoughts on the recent ERH activity in his client update this morning:

"After running to 30c on the back of the PACA 2 discovery Eromanga Hydrocarbons (ERH) has been under immense selling pressure. Well worth listening to the boardroom radio interview and you can sense the excitement surrounding what is happening in Brazil.

Daytrading activity has increased considerably and this may have explained some of the panic selling in ERH. If there is no follow through in stocks that open higher then there is immediate panic and the significance of the news is often discounted."

Last sentence is pretty spot on imho.

Cdchi1