ERX - A thread for everyone

Lucky punter, with respect you clearly have an issue with Cannocan which by association you are now applying to ERX. It would seem that you are not unique in having a history with Cannoncan but that should not in my opinion cloud your view of this particular company.

You may have noticed from some of my prior posts that I had repeatedly stated that I was not particularly interested in the results, although they did make reasonable reading. Of greater interest though were the accompanying statements, which I would recommend you read through again, as these provide a clear indication of the current and future direction of the business.

Now I am fully expecting that the placing will get off without issue and will result in minimal dilution. Go back and check what occurred in September and you will get some idea of how things should play out in the coming months. The company is approaching its tipping point and this will become clearer to you as we enter 2007.

So if you have an issue with Cannoccan and don’t have an interest in ERX then fair enough but please don’t make sweeping statements in relation to developments that you are not fully conversant with.