ECT 0.00% 0.2¢ environmental clean technologies limited.

Anytime soon, page-113

  1. 1,831 Posts.
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    Its hard to know for certain how the psychology of this will play out. Among long term holders some are in the red and some in the black (even at current levels). I'd imagine that, right now, many would love to be able to get out at $0.020. But things could change a lot as it looks more and more certain that the project will go ahead, especially if it looks like there are substantial further opportunities in the pipeline. As bullish sentiment emerges many that right now would settle for $0.020 will ask themselves why incoming investors are willing to pay $0.020 - presumably they expect a profit so why leave money on the table for others to scoop up? Come in Greed. Suddenly those people may discover that $0.020 doesn't really seem enough - the share price is running - why not wait a little longer for $0.030? Or $0.050? Or $0.100? Or the first dividends?

    Last time sentiment crashed; this time - who knows? Perhaps the buyers won't be there - thinking this is a stinker like ST keeps saying. Or maybe they will be filling their boots, institutions and all. Could go either way.

    I'm thinking that by EoFY18 fresh investors will think that $0.030 is a bargain. After all, its happened before.

    GLTAH!
    Last edited by JustIntonation: 20/02/18
 
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