ERH eromanga hydrocarbons limited

I do wonder about the management of this company sometimes.Refer...

  1. 2,529 Posts.
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    I do wonder about the management of this company sometimes.

    Refer their website and the exercise of the options - Reading between the lines it says we would prefer you to pay A30c and receive two ERH fully paid shares however if you have to then pay only A10c and we will have to give you one fully paid share and a 2012 oppie......and by the way we will not list the new oppies on the ASX (so you can't sell them anyway)

    ......Come on guys don't treat us like idiots.... no one is going to pay A30c for 2 ERH shares (even if the sp is
    A50c). Piggy backs and leverage go hand in hand.

    Could you please reword the website so that we think you you are talking to 'sophisticated investors'


    Thanks boys,

    Spozzie
 
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Currently unlisted public company.

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