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Re: kownski post# 243201

Wednesday, 07/13/2011 7:07:47 PM

Wednesday, July 13, 2011 7:07:47 PM

Post# of 367103
Clarification on Keeney''s words...

IMO, below is what he meant...

"Another consideration that some fail to recognize is that ERHC has special incentive – currently valued in the tens of millions of dollars (the carried cost of the 5 wells drilled) and potentially many times higher than that in the future (more drilling and development costs)"

When majority shareholders don't trade their stock, the price is set by the minority that do. Managements must satisfy the minority.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y