Thank you, Coaster from the NZ Fixx Oilers site who put us Hot Copperites onto this one. As I briefly explained in a weekend post on H.C., Coaster has demonstrated the leverage that is possible by buying the EBRO'S which have a strike price of 12 cents, due in March 2006, but which have a free EBROA option attached to each new share. The freebies don't expire until 2009.
Now I reckon there is a great chance of doing well out of this deal over the next 6 months or so because EBR has significant interests in 2 eagerly awaited offshore wells and 5 Cooper Basin wells, plus mining interests including uranium.
It only needs one of these projects to show a bit of promise and the EBRO'S become very profitable.Thanks Coaster.
options up 30% in 2 days
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Last
$1.02 |
Change
0.030(3.05%) |
Mkt cap ! $372.8M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.03 | $1.00 | $122.7K | 122.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 1000 | 1 |
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| Last trade - 14.13pm 11/11/2024 (20 minute delay) ? |
| EBR (ASX) Chart |