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| Sunday, May 17, 04:08:50am | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, 8, [9], 10 ] |
| Subject: The liability for the restricted shares 14,841,655 was locked in at 10 with a fall from 30 as at 30/6/02 | |
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Author: brought to account 31/12/02--for first half of 30/6/02 .8.9 millhas been charged/expense |
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Date Posted: Thursday, March 13, 03:54:48am In reply to: sale of Proton 15 mill annual amortisation removed adding last years savings 30 mill--63.87 million still doesn't include Melbourne Settlenent what not 's message, "6/3/03 gives the interest saving for the notes at 18 million this has been calculated more precisely by Lost as 18.87" on Monday, March 10, 11:03:57am The liability for the restricted shares 14,841,655 (which cannot be sold or otherwise disposed of prior to 16 March 2005 without the prior consent of ERG (RestrictedShares) was locked in at 10 with a fall from 30 as at 30/6/02 brought to account 31/12/02--for first half of 30/6/02 . (NT)to the 30/6/03 8.9 millhas been charged as an an expense to the statement of financial performance/net present value calculated using 5.045% discount rate--amount 46.9m Tell them I value ERG at between 17 and 44 if April Interest conversion proceeds--tell them also in bonks opinion ERG's got some of the best about to be tangibled -- financials he's ever seen---Steve, 09:55:14 03/10/03 Mon I mean I know the share price is depressed---but that is not because of projected financials (NT) -- that is for sure., 11:53:06 03/10/03 Mon The liability for the restricted shares 14,841,655 (which cannot be sold or otherwise disposed of prior to 16 March 2005 without the prior consent of ERG (RestrictedShares) was locked in at 10 with a fall from 30 as at 30/6/02 brought to account 31/12/02--for first half of 30/6/02 . (NT)to the 30/6/03 8.9 millhas been charged as an an expense to the statement of financial performance/net present value calculated using 5.045% discount rate--amount 46.9m10:11:10 03/08/03 Sat9Re: The liability for the restricted shares 14,841,655 (which cannot be sold or otherwise disposed of prior to 16 March 2005 without the prior consent of ERG (RestrictedShares) was locked in at 10 with a fall from 30 as at 30/6/02 brought to account 31/12/02--for firsthalf of 30/6/02 . -- VWAP 10.36--10/3/03 at 1:30:23 pm--ie 8.9 to 11 also 9.5, 18:55:07 03/09/03 Sun Re: The liability for the restricted shares 14,841,655 (which cannot be sold or otherwise disposed of prior to 16 March 2005 without the prior consent of ERG (RestrictedShares) was locked in at 10 with a fall from 30 as at 30/6/02 brought to account 31/12/02--for first half of 30/6/02 . (NT) -- should read 11.6, 18:56:35 03/09/03 Sun Re: The liability for the restricted shares 14,841,655 (which cannot be sold or otherwise disposed of prior to 16 March 2005 without the prior consent of ERG (RestrictedShares) was locked in at 10 with a fall from 30 as at 30/6/02 brought to account 31/12/02--for first half of 30/6/02 . (NT) -- The 2005 date ties in with EMV compliance quite well., 04:47:57 03/10/03 Mon For simplicities sake up or down 1c is 445.000--LOL--the good news is that it has been brought to account in the prior year and if ERG can ramp it's share price up--because it has been brought to account in the prior year and because it was locked in at 30c (NT) -- it will be a provision that will have positive implications going forward., 03:54:31 03/10/03 Mon locked in at 10c mean't to say with a fall from 30 (NT) -- No name, 03:58:48 03/10/03 Mon sorry it not a provision it was charged as an operating expense it is absolutley beautiful (NT) -- No name, 04:13:42 03/10/03 Mon sorry it is a provision for it was added to the goodwill for the Proton acquisition then ERG have done a provision and booked it in the first half of the 02 to 03 year of 52.4 million (NT) -- with earn out payements linked of 40.9 million stretching out over the next ten years, 04:42:26 03/10/03 Mon The liability increased by 8.9m as at 31 December 2002 due to the further fall of the ERG Share price to 0.10--if ERG share price is 20c by next time it reports (ie 2.00) the 8.9m liability reduces by 4.45 million a rise to 30c reduces it altogether. -- at the 31/12/2002NTA of an ERG share with a forward projection based on ist half accounts is 22.41c., 11:50:13 03/10/03 Mon [ Next Thread | Previous Thread | Next Message | Previous Message ] |