The large drop was on a tiny turnover so I would not read too much into that, however I would not like to hear the same old story of profitability being effected by restructuring issues as we have heard for the last few years. The moving of offices should help with cots but I cant work out for the life of me what they are really trying to do other than wind their mortgage book down which seems to be in the interest of there largest shareholder and Director A Wales. Most shares that have traded over the last few months have been other Directors buying which I thought was good but on reflection I think it is meaningless. The Company seems to have lost its way! I hope I am proved wrong.
ECO Price at posting:
1.1¢ Sentiment: None Disclosure: Held