RESEARCH: Promising Cleantech Play, page-6

Great to see so many reasons to look at ECT, and great to see the work of management adding to those reasons despite set backs.

Will the share price move from current levels in the near term? I think not, or not until the capital resining is done and dusted. In my opinion, I can see the price sitting at $0.001 owing to the free options on offer as part of the raising. Sure not all want to participate in the raising through addition funds, however it makes sense to turn over existing shares at $0.001, re-invest via the capital raising and collect the options. What I like about this situation is there are winners on both sides. Those employing this strategy receive free options, while the buyers receive ECT shares at $0.001!

Sure there are a lot of bears out there with prices at this level, and fair enough. We are coming off the back of a huge let-down and the price is $0.001 lol. But let us not forget the above points - once even a few of these start to show signs of materialising (look at the share price history, we only need a whiff of a deal to get moving), it wouldn’t be hard for this to turn multi-bagger. At risk of insulting people’s intelligence, $0.001 to $0.003 is a multi-bagger, $0.002 to $0.006 is a multi-bagger, $0.004 to $0.012 is a multi-bagger. While history is no guarantee of the future, it sure is an indication of what’s possible.

I think we are in a sit tight position - six months from now has the potential to look very different.

All In My Opinion.