Carlturk
Yes. We don't need an EGM to receive the $6m from Monash - but we do need to. vote on the funding in order to approve it.
Sounds confusing?
This funding arrangement is exactly the same as resolution 5 at the last EGM. and completely different to resolutions 2 & 3 at the last EGM.
Have a read what ECT said about resolutins 2 & 3, and. 5 in the explanatory notes.
In relation to your escrow concern, I don't think it is necessary at this stage.. Monash is too involved with ECT...they would not be able to trade their shares in the foreseeable future due to insider trading restrictions.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.04M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $12.43K | 4.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5223158 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 16887003 | 35 |
View Market Depth
| Last trade - 15.40pm 21/07/2025 (20 minute delay) ? |
| ECT (ASX) Chart |