ECT 0.00% 0.4¢ environmental clean technologies limited.

buyers now at .03, page-48

  1. 3,770 Posts.
    lightbulb Created with Sketch. 251
    In my view fwiw,
    should markets recover from this latest panic over the next couple of days, i can't see the sell in May unfolding this year.

    My theory on the melt down last year was from just that….Fukushima.

    If one looks at all U308 stocks, every one of them received an immediate belting and only partial bounce in the case of the decent ones but the smart money in the market knew only too well that irrespective of whether the plant was recoverable or not, all U308 stocks would bleed down at first and eventually become a waterfall under tax loss selling/panic which added to Euro concerns and dragged the entire market with it.

    I also see this as why we've struggled to get anywhere near the XJO 5000 mark since…..All hot air plus some was removed from the sector and will likely take an entire generation to forget.

    If all stocks aside from the U308's get back to or near prior highs, the overall market (erroneously to a degree) appears weak for that hot air/value being permanently shed.

    Personally, i copped an absolute flogging on one of them.
    A barely detectable shockwave just prior to the debris was enough for me…..I played the footage over and over to get an idea of the possible damage and came to the conclusion that the shockwave had to be primary containment rupture and decided to exit with a massive loss after the 3rd day bounce.
    Lucky, that stock now trades at a quarter of my exit.
 
watchlist Created with Sketch. Add ECT (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $11.10M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $0 24

Buyers (Bids)

No. Vol. Price($)
41 17503943 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 14181407 27
View Market Depth
Last trade - 11.14am 23/07/2024 (20 minute delay) ?
ECT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.