We are months away from finding out formally whether we get ALDP finding.
The company is possibly days away from finding out formally if they will receive ALDP funding.
What do you think insiders will be doing between next week and before September (when ALDP is formally announced to the market)?
Do you think the share price will soon spike?
How many insiders will be privileged with such information?
On the subject of insiders, most smart ones on this forum will also know the outcome way before the general public does in September. Do you know why? If ECT receives the letter from the Minister they must not announce this to the market. If ECT receives a letter of rejection, they must then say so to the market. If we hear nothing over the next fortnight re ALDP, then it will be obviously clear that ECT is negotiating with the government about funding.
In the meantime, I want Monash to pay up at 2c so we can get rid of the ARUP bond.
ESI Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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