Thursday, April 9, 2015

asx: ERJ...Enerji

I posted about ERJ  earlier. They have industrial heat exchangers, which turns heat produced into electricity. 
Back in Nov/Dec 14  the share price was less than 1.4cents or .014
Since then it has gone up as far as .087, fell back at the close of day to .07.
and now has dropped again to yesterday (Thursday) at .063

The question is: Has this run up been due to day traders and speculators?
or is it a sign of real growth?   

The directors and top 20 shareholders have 66% of the shares, and their management seems good.
So do yourself a favor and
Read their announcements. 


Remember we are not financial advisors.. Sampson management Services (SMS) educate and inform only...We are Asset Management Consultants- we teach you about risk and how to measure that risk according to the international standards on Quality, Environment, OHS, and Risk management in an integrated approach. Ref standards: AS/NZS/ISO 9001, AS/NZS/ISO 14001, AS/NZS/ISO 4804, AS/NZS/ISO 4360.