This is great news again, business is growing at such a faster rate than any peer on the ASX and those peers are multiples of our market cap. Foundations being stacked on top of solid foundations, gives me more confidence for the long term.
I just dont want to see another CR any time soon, been traumatised by Alex releasing good news for a pump and then getting hit with a CR, would like them to be able to get the next cash injection from the excercising of options above 8c.
Great timing from those who enetered yesterday, and a well timed announcement with Cannabis ETFs up overseas. If we can break through 3.2-3.3 level on this news, then would bode well technically, consolidaiton of a base here (2.8-3.0) and break out above resistance 3.2-3.3). Which should then have as on a trajectory back to 4. We have a lot more eyes on ECS now with all the new sophs participating in last raise with peak asset, so good test now to see what a good announcment does with more attention.
ECS Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
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