InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,196.80
(
-0.35%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.90
(
-0.61%
)
Bitcoin
60,104.77
(
-2.44%
)
Post# of 361392
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

sortman

Send PM Follow Ignore
Followers 7
Posts 163
Boards Moderated 0
Alias Born 04/19/2006

sortman

Re: tryoty post# 66580

Tuesday, 07/25/2006 11:29:58 AM

Tuesday, July 25, 2006 11:29:58 AM

Post# of 361392
Perhaps the buy-out is for blocks 2 - 4? Addax pays $2.3 Billion for 100% of ERHE interest in those blocks. The payment works out to approximately 88 million Addax shares which ERHE does a tax free distribution, each ERHE shareholder gets 1 for 8 and we keep our ERHE stock for the future blocks 5 - 9 and the EEZ. Offor becomes the largest shareholder of Addax.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent ERHE News
More ERHE News
InvestorsHub NewsWire

Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM

VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM

North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM

Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM

POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM

HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM

Start posting your company's news
Only $200 per official company press release!