Australia's largest stock trading and investment forum Australia's #1 stock forum

ECT

Click for more information

14.3%

0.4¢ environmental clean technologies limited.

Really good question!Is it not by law that companies need to...

First 18 Last

Share
Profile

Follow
rep96

1,057 Posts.

179

02/10/23

17:44

Post #: 70134578
Share

Originally posted by Plext: ↑

Yep this sucks in the Final report !

(ii) Gain on recovery of bad debts In 2022, the Company sold its interest in the Wood 247 business for cash and an exchange of shares. The purchaser owed the Company $132,000 which had been written off as a bad debt in the first half of the 2023 year. During the period, the Company was able to take back 4,500,000 ECT shares that it had delivered to the purchaser as part of the sale transaction. These shares were valued at $0.011 each on 20 February 2023 when the shares were returned therefore delivering value of $49,500 back to the Company and are held by ECT Finance Limited. Refer to note 17. The previous bad debt was therefore recovered to this extent and recognised as income for the year

Sweet deal for someone, all the money ECT poured into setting it up which included a truck and a plant ...

ECT at .006 !

Expand

Really good question!

Is it not by law that companies need to provide a T20 on their annual report that's less than 6 weeks old?

ECT Price at posting: 0.7¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MiningNews Select Conference: Smooth permitting, strong teams the key to project success and reaching demand

MiningNews Select Conference: Look further afield for funding projects, advises Rick Rule

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

ASX Market Close: Index gains 1% after interest rates pause | June 18, 2024

LSR

From the Floor question: "Why are you going back to Ned's Creek for a drilling campaign?" | Lodestar Minerals

There are more pages in this discussion • 1 more message in this thread...

First 18 Last

Add ECT (ASX) to my watchlist

(20min delay)
Last 0.4¢		Change 0.001(14.3%)		Mkt cap ! $12.68M

Open	High	Low	Value	Volume
0.3¢	0.4¢	0.3¢	$2.299K	577.0K

Buyers (Bids)

No.	Vol.	Price($)
43	20606321	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	11436632	21

View Market Depth

No.	Vol.	Price($)
43	20606321	0.003
17	9642678	0.002
11	17800024	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	11436632	21
0.005	6287606	33
0.006	5339567	12
0.007	2995837	8
0.008	253913	3

Last trade - 15.56pm 18/06/2024 (20 minute delay)

ECT (ASX) Chart

SPONSORED BY