I'll throw some petrol on that one....
Bergen Assets Management / Eugene Tablis became a substantial holder in NRZ recently ( 23rd May 2024)
https://research.nabtrade.com.au/uploadhandler/z1a907c0azc197a6e21d924989a6853bc7c1c5012a.pdf
Bergen is based in the USA and provides finance to small caps:
https://www.bergenasset.com/public-companies
They also invest in natural resources and cleantech:
https://www.bergenasset.com/industries
ECT listed on the FDA in USA - coincidence??
https://www.accessdata.fda.gov/scripts/SDA/sdDetailNavigation.cfm?sd=srolist&id=1BBF139EA4AD2246E0631498C30AC40D&rownum=23
Bergen have a office in Sydney - Brentridge Capital Pty Ltd - Mr Robert Clisdell who happens to be linked in with Mr Fozard. Nothing usual about that of course, why wouldn't they be, not many lenders in this space.
pls DYOR - i have no clue at all.
BOOOOOOM....GO ECT :-)$$$$$$$, page-49
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