On the 12th Feb you posted..."I think (the MC) is around $500K to $1M."
On the 14th Feb you posted..."You seem to be confused about how a company is valued. It is based on real assets, revenue and money in the bank, not pie in the sky dreams."
On the 13th Feb ECT announced..."The Company received valid applications totalling $3,892,463 (before costs) and including precommitments."
So how can the Company be valued less than $1M - if they now have just shy of $4M in cash, plus other fixed assets, IP's, and a plant? I thought you said that having cash was part of their valuation calculation.
Ann: Non-Renounceable Entitlement Offer - Notice of Results, page-40
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $620 | 218.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 28292481 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11891216 | 23 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| ECT (ASX) Chart |