Replies to post #14163 on ERHC Energy Inc (ERHE)

[Art2004]

Balance,

As I have been posting, the flat lines or no price rise after buys makes it appear that the MMs hold down the price of ERHE on a daily basis.

If the price does not move up on forthcoming good news, it could be worthwhile to explore the possibilities of a class action suit against a number of the MMs on behalf of all ERHE stockholders.

I do beleive we are observing criminals at work.

Hopefully, future news about ERHE will be too good for the crooks to contain.

And 2, there is growing public and legal awareness of OTC manipulations. Movements are starting to investigate and prosecute. ERHC may yet benefit from such enforcement efforts.

[xxmmax]

Balance, I was looking at the market cap for EEL.L...
75 million shares at 211 pounds per share_is about
16000 million pounds times $1.70 pounds per dollar is about
$20000 million dollars or $20 billion market cap.
Since that virtually doubled from the day they got their rights, that would imply the market thinks their rights were worth about $10 billion.
ERHC has about ten times the rights they do both in JDZ and STPEEZ so that would imply $100 billion market cap for ERHC!
$100,OOO million divided by 800 million shares of ERHC is a share value of $125/share???
What am I missing?