EGR 4.17% 11.5¢ ecograf limited

Ann: Minister Approves Amended Environmental Certificate, page-57

  1. 12,143 Posts.
    lightbulb Created with Sketch. 1289
    we are completely off the "reasonable" track from Day 1 ... I have never understood why... the only logical explanation I have is probably because of the actual difference between us and them all in terms of our customers + finance situation... normally, in a "normal" universe, that would warrant a stiff premium over its peers but here in this "parallel universe", we are doing the EXACT opposite...

    goes against EVERY known logical explanation so I guess that this is the case of the market getting it wrong for a sustained period of time because there is no parallels here - nothing to measure it against.... coupled that with a management that answers ONLY to a select few (I have never received a single reply in the last 4 years, whereas some posters have AS on speed dial - so this could be the case with their behaviour towards bigger investors / brokers too - who have preferred to stay away due to this poor treatment), I guess this has set us up with one of the three possible scenarios -
    1. it will all auto-correct in the end when all questions are answered - I HOPE THIS IS THE CASE
    2. it will always remain so in the future even if all questions are answered and all timelines met - NOT POSSIBLE imo
    3. somewhere in the middle of these two above scenarios - HIGHLY LIKELY imo...

    Situation # 3 seems to me to be the most likely scenario to me - once we hit all the milestones, we should be rewarded but not as much as we think so as the stalemate of the last 2 years + will always cause a long overcast over the sp and it will take a complete shakeout of people who feel "trapped"... that supply will have to be exhausted until this swings into a more positive frame of mind imo...

    of course, all that can be accelerated if the management pulls out some literal rabbits out the hats and wows us all... as of now, the thought process is "finance by XXXXX month"... if they actually get it done in the next few weeks, all will be forgotten and we can accelerate the whole process of getting rid of stale holders and be back on the path of normalcy (define NORMALCY is the $64 million question though )...

    I have always believed in hard work and accepted results without much anguish or anxiety... but for once in my life I am HOPING for a miracle here... the fundamentals have been impeccable (hard work) BUT the results (sp) has just been totally off the norm...

    sorry for the long post... but just feeling a bit gloomy atm and rather than be on comsec and do something stupid, I felt like sharing my train of thoughts with my fellow holders and lighten the load of my mind... please ignore my rant if too dark or negative... no hidden agenda here as usual... just a bad day and it is playing on my mind atm....

    no financial advice given... please dyor as always
 
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