Looking at the ESI chart on asx website on the 10 year monthly, back at this time 10 year ago ESI was trading at around $2.30c , it's been a swift to a gradual decline to where we seemed at bounce off the bottom in 2011 and flicked back up to the sp in which we sit at today; so ESI have been banging on about coldry / matmor for over 10 years; 10 years working towards a target and the company has declined in SP over those 10 years, that either shows absolute stupidity or absolute confidence that your product will hit the big time, but it's going to take a lot of hard graft and bottom of the barrel times.
We have never had carbon pricing. the battle for changes in technologies to minimise the effect of how we live and it's impact on the enviroment is ever growing and it's Obvously at its current peak now. The demand to create new industries to drive the economy especially in the current economic crisis and to create employment especially in an area LV that will just become an isolated waste land , a place of unemployment, decreasing population and fading infrastructure , a place of dead out of date power plants if brown coal isn't to move with the times and be converted to a more enviromental and exportable product. World population has also Obvously never been at this peak, now we are seeing cities in countries like India, where their own supply of coal isn't sufficent enough to deal with the energy demand created by its massive population , hence the lengthy Power black outs. Never until now has the Australian goverment come to realise the potential of our absolutely massive reserve in brown coal. Australia is the worlds highest emitter of carbon per capital, they have acknowledged the need for change, the world is looking on , we are the first to move on it in such a political manner, we are been closely watched.
What a beacon statement .... Tackle the big carbon belching brown coal burning and polluting power plants, create employment,create a better standard of living for indigenous people, driving a region and your country, reduce carbon, create clean water....now that's some bench mark to set.... That is also only possible in one way in the desired duration and that's through BCE.
This is where all the roads meet; ESI for the last 10 years have travelled down a pothole infested road, but they travelled down that road because they knew that one day it would have to get to the place called 'NEED' the goverment basically needs this to happen, so does the region , and so does ESI, they really need this to happen!
The time is now, this is disruption to the way we have been living, the goverment wants to tackle carbon we need to get off this old road , this new road interesection coming up fast; the indicator is on. If ECT don't take this turn they are dusted, they will have absolutely wasted those 10 years and all they will be known as is a dog / a joke that started off at $2.30 and made a constraint deline but kept punishing themselves for 10 years until it just passed out and let other techs that were years pass them out at the final hurdle . So for all you that have blinkers on and are constantly dribbling how we won't get the cash.... Wake the hell up. This new management has stuck the foot on the accelerator and IMO won't be caught. It's not just ESI that will benefit or who wants this.
Every dog has its day; this dog has the future. All IMO Obvously
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Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $59 | 29.48K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
61 | 31026071 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12757985 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 29886071 | 0.002 |
26 | 36036532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 8857985 | 12 |
0.004 | 5910488 | 11 |
0.005 | 4225526 | 25 |
0.006 | 4988567 | 8 |
0.007 | 918333 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
ECT (ASX) Chart |
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