One day after the Annual Shareholders Meeting, ERHC Energy Inc. (OTC:ERHE) stock, which pretends that it has the wherewithal to be traded on the AIM, opened its OTC session with a 24.18% lower price. Investors uncertainty was reflected in the price downtrend, accompanied by a notable increase in volume traded.
ERHE shares, traded under $1, tumbled by $0.033, or 9.57%, to $0.312 in the session. More than 7.8 M shares changed hands. This was eleven times the three months average volume traded.
Yesterday, on the company’s web page,
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