Today the erh became cheaper than the erho (after allowing for...

Today the erh became cheaper than the erho (after allowing for the piggyback) so took the opportunity to switch.

First time I have held erh head stock.

Still considering erhca as the best way to hold going forward. If the well comes in, erhca should tale the erh - 36c more or less.

If it fails, you only have the 10c downside. Interesting mental exercise.

By the way, todays trading probably just reflected the bear market (rather than inside info). Lots of hot money in this stock and hot money lacks patience and sometimes needs to be recalled for margin calls etc.