Australian (ASX) Stock Market Forum

ERG - ERG Limited

What I do not understand is why the ASX has allowed this dog to allowed to continue to be traded on the ASX.

It has negative net worth.
 
Now that they have swapped debt for know-how and contracts held, they hold enough capital to run their case against the NSW Government. The only asset shareholders will have is any judgement in ERG's favour.
 
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