Yeah I have the same opinion for this forum.
They just seem to keep ignoring the actual numbers this company is producing in exchange for a few through away comments by the CEO.
I'm happy that I'm sitting first in line at 1.6c. Was hoping someone is this forum would wipe it for me.
I honestly think this company is now in a death spiral. They need to find a more profitable avenue of sales, their costs have blown out of control. Cash burn will be done shortly with the drawdown of debt or CR needed again.
We need to double Rev to be cash flow evens at the current margins. With margins still heading in the wrong direction.
ECS is the best pot stock on the ASX. That still doesn't make it a good company to invest in.
I've been burnt on AHG and now ECS.
Good luck to all current holders. It doesn't look promising.
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