ECS 0.00% 1.8¢ ecs botanics holdings ltd

ECS Price Action, page-2450

  1. 558 Posts.
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    Thanks Arrow1234, good question.

    For sure I have thought similar, but thinks it will be only waste of time for few reasons I can share:

    1) Nan's response to similar thought is not to contact government which should have valid reasons behind it, although not disclosed to us. Or efforts might not have been successful. I have even far remote chance of being heard by my neighbour let alone a politician.

    2) I assume that the politicians are already aware of the situation, but for reasons unknown they may not be interested to intervene, us contacting possibly won't change anything.

    3) ECS is already profitable and increasing profits in the past 3 years in spite of numerous others failing everywhere. To me it just indicates we have the advantage even in the current difficult environment although it is sad seeing most other investors still losing money. I believe if ECS can do it other companies too can do it eventually. Further, during this time we are still expanding and gaining long term contracts etc. plus B2C etc which should consolidate our position and provide us with early advantage as far as Australia is considered
    4) The uncontrolled dumping / market flooding happening is not really sustainable longer term and as such those companies will wind up eventually and that will give us greater market edge although bitter for now

    I am really relieved with the results announced, now prices should keep going up which should give plenty of opportunity for those who want to exist can at a decent price and not 1.3c.

    The only reason it is not happening today or tomorrow is that there a lot of people here hoping to buy at 1.3c if possible, but I just think the perspective has changed, just my thought. GLTAH
 
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