Replies to post #212532 on ERHC Energy Inc (ERHE)

[DegenerateGambler]

All of the former WG shareholders who went through the company's listing on to the AIM and subsequent keeping the American ADRs will confirm that this definitely helped the share price and did bring in institutional investors. The AIM listing was VERY good for the company. I wish more of the other WG shareholder would speak up (Tapco, YMike, Krom, DR. Julius, Dbernet and maybe I am forgetting a few). This AIM listing is the real thing and will help the share price.

[Krombacher]

Short treatise: Anti-dilutive AIM listing.

Let's say we have a total float of about 700 million shares.

500 million convert their shares to the AIM, and the remaining 200 million stay on the OTC.

Therefore, to the American public, who don't want to pay extra in commissions, deal with F/X, and other issues, say taxes, they will now have a float of 200 million shares to buy from vs. 700 million shares.

Supply and demand. A smaller supply of shares on the OTC, but possibly even greater demand by Americans who want to buy. What do you suppose THAT will do to the share price? Ditto in England.

Of course, any gain due to supply and demand in the U.S. will go through arbitrage in the UK, with the overall effect of lifting prices.

Bottomline: You have a bigger pool of investors, and the same number of shares as before.

Of course, once it is time to do the marginal fields thing, then they will dilute by issuing additional shares on the AIM, but dilution would've occurred on the OTC instead had we not listed on the AIM. So the AIM listing has NO impact on anything, except in the positive direction.

Krombacher