Hi all,
I have been reading your posts and share your despair, but I think patience will prevail. The Sydney project will not always be such a mess - it will get there! San Fransisco project appears to be moving along nicely and much welcomed by the public. Check out this audio on ERG's website:
http://www.erggroup.com/publications/details.asp?typecd=pro&newsid=14
Gotta think 10 years ahead. If I could, I would buy at current levels, the downside is small, the upside is huge. Project delays are very typical for new technology - but there will come a time when the ball is rolling, the money is coming in, and the share price will be rising. If ERG was to collapse it would have happenned a long time ago.
Another thing that many people seem to forget is that about a year ago Westpac bought about 10% of ERG. Do you think the "smart money" would do that if they couldnt see into the future?
Walt, MichaelIrish always enjoy reading ur posts. Keep up the good work.
Cheers,
Nick
san fransisco
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0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.178M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 459147 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 90000 | 1 |
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