TBH I expected this to happen after such a long trading halt. Interest in the company has vanished just leaving the faithful remaining, such as myself.
It is unfortunate that the stock came back into trade during this down period in the market generally, but that doesnt change the fact that ERJ has positioned itself very well for the remainder of this year and the next. Good news is expected with the first Powerbox commissioning imminent come March, which only pave the way for more of the same.
I'm not sure if people realise, but these Powerboxes are an asset to Energi not to the Power companies where they are installed. Once installed the powerbox is producing clean energy which is sold to the market and continues to make revenue for ERJ. I hope PeterKing comes here to confirm that. But as the saying goes DYOR and happy buying.
VPR Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held
