Yeaah I need to look at it through fresh eyes at times like you are, a lot of us here have been holding for a while, been through a credit raising that they said they were funded for the foresable future with then just 3 months later they did another credit raise at a lower price. Been through many positive announcments that get a small pump then sold into, and been watching the price grind down for a year then stay stagnant for months. Had the company not respond to calls and emails, and not give updates on things like extraction processing machine for well over a year, so understandably a lot of frustrated shareholders, which may explain a lot of selling as well, and may also explain the hesitancy in new holders jumping in with volume. Even just now sell supply is still there, 3.2 went bid but then someone just dumped 1 million on it again, and now 3.2 is offered. Seems endless.
Yesterdays announcement really impressed me though, I really like the speed at which they got these greenhouses up, plants planted, and now harvesting end of this month. Thats solid work, and good management to get that completed. Couple this with offtake deals for ALL of our plants, ie we are needing more space to grow (which they have lodged with ODC), other revenue streams and products, its looking good. Just going to take patience to see the returns.
ECS Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
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