We all have different points of view but my experience of Chinese investors is that they are pretty shrewd. ECE are putting in $9.9m at 22c share. That is not peanuts. It is a dam sight more than any poster here has probably even thought of, net alone invested. Do posters really believe that someone would invest such a huge sum that is well above the current SP if they did not expect a very good rate of return? I continue to increase my stake and see the current low price as an opportunity. It may, or may not, go lower but it is my opinion that I will see an excellent return on my investment over time. DYOR and good luck to all.
Disclosure - shares held in both LYC and ARU
Ann: Capital Injection update , page-65
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $450.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $534.1K | 2.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 631081 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 91095 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ARU (ASX) Chart |