For the past 10 years these two pioneering Australian companies have developed world class technologies for which there are existing and expanding markets.
And yet both companies have been driven into the ground taking with them 10's of 1000's of aggrieved shareholders.
ERG has been crushed by a vindictive and incompetent NSW Government; VCR has been crushed by incompetent and self-indulgent management.
ERG's shareholders have been sacrificed in order to save the company/techology's future; the same fate awaits VCR shareholders.
And where does the Federal Government direct it's surplus funds...in subsidising the manufacture of soon-to-be made reducndant hybrid Japanese cars.
The lucky country.
VCR Price at posting:
3.3¢ Sentiment: Sell Disclosure: Held
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