The reason for the current SP is because the market is still waiting for NMDC approval.
They have had a couple of Board meetings but no approval.
The mid march meeting will be the final decider - RCA frozen now there is no excuse.
Mr Market is still cautious.
End of March Financial Closure.
Cheers
M.oz
PS It has been a rigorous process but we have to remember we are not dealing with a private companies but 2 massive government PSU's in India - 1 is one of India's largest lignite miner and the other India's largest Iron ore producer. This is the perfect fit to take Coldry and Matmor technologies to Industrialisation.
Ann: ECT Board Approval of Research Collaboration Agreement, page-93
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $418 | 168.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 23034540 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8230582 | 8 |
View Market Depth
| Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
| ECT (ASX) Chart |