I'm confident that the announcement will not have any negative effect on the SP when it comes out of suspension.
For the price to fall there has to be willing buyers at lower prices and who in their right mind would want to buy into this abject failure of a company.
Disclosure: I have held shares in ECT since 2007
Ann: Shareholder Update - India Project, page-69
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $21 | 8.205K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 32138373 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 12757985 | 13 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| ECT (ASX) Chart |