Most companies that are worth something are down, thats generally a result of a bear market.
We've seen the quarterlies, we've had an update we know that there is money here.
After the FED eased some concerns we got a great bounce, but then the bull trap played out and retraced heavily yesterday.
If ECS went to the moon during a global downturn it would almost suggest a pump and dump.
Dont get me wrong, I want great things for ECS but right now is the time to be patient, there is so much doubt in the market.
Cannabis stocks had a good overnight trading period, will ECS get a boost based off it? I hope so, I really do.
Next day that the market cops a hammering ECS "might" go down a little - also a probability.
Will I continue to hold, lower my cost base avaerage and enjoy the 50% CGT discount for the shares that I've held for a year or more equalling more profit? You betcha!
testing times, page-2
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Last
1.5¢ |
Change
-0.001(3.23%) |
Mkt cap ! $19.32M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $42.77K | 2.848M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3521497 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 56483 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| ECS (ASX) Chart |