Ann: Sale of Tasmanian Assets, page-19

Its very possible to sink back down under 2 without news from overseas or here.

Im surprised nothing moved the needle here, would have expected a lot higher based on the great string of announcements we have had, global macro conditions didnt help our cause though, with US indices down around 25% this year.

The hope is now that the quarterlies start showing a cash flow positive business, that can just expand, we should basically be there, on current trajectory at the latest at the end of next harvest (So March quarterly 2023. )

That coupled with US elections next year wanting to get some favour with the public so push through some of these bills (MORE and SAFE) that the market is waiting on. Would be a boom for us.

Apart from this, really dont see what would get us moving here, its a simple business model now, grow and sell crop, nothing really expected out of the blue. They are doing things right, so its just going to be a slow incline, which is good, but then its opportunity cost here, there are a lot of good stocks moving that could get return quicker than ECS.

The good is that we have found a good business and have time to accumulate over the next year, negatives is it doesnt seem to be moving up substantially anytime soon, couple of ticks up and down for months seems to be on the cards.