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Subject: Re: ERG thesis.


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Posted by: eediahill Jan 28 2003 8:55:58:887PM
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Date Posted: 02:51:13 01/28/03 Tue
In reply to: Freefloat ceased 30/9 effective 1/10/02 's message, "ERG thesis on sharetrend.temporarily rooted on the short" on 02:12:01 01/28/03 Tue

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ERG - ERG LIMITED


Symbol Last Change
$ %
Open High Low Volume More Information Broker Edit
ERG 0.140 -0.005 -3.448 0.140 0.140 0.130 5,114,325 Profile Chart Customise Broker
Quotes delayed 20 minutes, Australian Market is currently closed (9:43:26 PM:AEDT)





Posted by: eediahill Jan 28 2003 8:55:58:887PM
Reply to post #3820 by lost Go to Post #

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Good Post "Lost" . We need to be reminded re your comments >> So ERG will owe between $52-49Million currently if they allow these companies to sell. A bit like shooting yourself in the foot. (not that ERG have done that in the last year - lol)
However, ERG does not have to worry about this until three years as the share price performance payment is not due until the shares are sold. Amex, Visa and Interpay are not allowed to sell shares for three years unless authorised by ERG. Banksys can sell shares after two years, but looking into the fine print the performance agreement does not apply to their shares.
In for "Lonngg Teerrmm" ! Posts in 12 months will be interesting if there is an ERG. My money (Real) is there will be! Now where is my Crystal Ball? C > e


(Voluntary Disclosure:Position Short Term rating:Hold Long Term Rating:Hold)

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2002 Suzuki Vitara JLX 4WD 2 Dr Sport Utility


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