re: should not run soon IMHO ERG should gradually drift back to the 20-25c it was trading before the placement. nothing much has changed, a bit more cash, the dominant shareholder incrementing up a bit.
if ERG can stay out of the administrators hands (which looks likely now) it may be a good speculative stock. It would now seem more likley that it will be taken out by the dominant shareholder. Yet another Aussie innovator gobbled up.
just think of the business in 5 years time - would love to be owning it.
SPROCKET...........
re: should not run soon IMHO ERG should gradually drift back to...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.179M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 294147 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 90000 | 1 |
View Market Depth
| Last trade - 16.12pm 26/06/2024 (20 minute delay) ? |
| ERG (ASX) Chart |
Day chart unavailable