ERN 0.00% 0.5¢ erongo energy limited

up 12 percent in frankfurter come onnnn, page-11

  1. 1,717 Posts.
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    As said before, ERN seems to have an MTN feel to it when they were around 80c.

    very few shares on issue, tightly held, instos on board (earlier than with MTN) and very low market cap. Add a highly prospective resource that has some historical results and you get some great potential.

    BMN/MTN both went through this phase as well. Best of all with very few shares on issue the daytrader element will probably miss out as they think is it "too expensive" once share prices start to have $ signs in front of them!

    Euro presentation also seems to have put a short term rocket under it which is why I took a position on Tuesday. Now it is a hold and see. Just hope for another MTN!
 
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