ECT 0.00% 0.3¢ environmental clean technologies limited.

sub 2, page-53

  1. 647 Posts.
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    SP3,

    I am of the belief that the success of the SPP is heavily dependant on the current share price. Let me ask you this, if you know that there is an SPP at 2c, and the current price is 1.5c, then why are you not buying stock?

    2. Fiori has just handed over 220k to the company and has shown willingness to underwrite the SPP for more cash, do you realy think that would do that if they didnt believe that the SPP will be successfull? Considering they were not in the top 20 prior to their placement, so they did not need to do this to protect their current position.

    3. On the matter of short selling, my opinion is that it is totally irrelevant. If it is short selling, then there will be a mad rush to cover in the very near future, if its just Paldar selling, then better here that at 5 or 10c. If its any 1 else fine let them sell.

    Just think that 4 mill shares today is all of 60k trade, and values the company at 4.5mil. CRAZY!

    I still don't get why every 1 is so focused on short sell or not. I am a buyer now and will be bidding for more stock under the SPP.
 
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Mkt cap ! $9.515M
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0.3¢ 0.3¢ 0.3¢ $7 2.454K

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No. Vol. Price($)
50 18738002 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 12408157 22
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