Well so far the market seems to like it and I can understand why:
- Small discount (9%), fully subscribed, no free options to subscribers
- Production to expand to 13m tonnes in FY26 from ~6.2 tonnes in FY24
- Revenue to expand to $100m using simple unit economics from their expansion to 13m tonnes
- EBITDA to expand to >$10m
- Already profitable and cap raise will expand profitability substantially
- FY26 guidance puts them on a forward P/E of 3.22 @ 2.5c
Good thing they already own an excavator, bring on the new PCEs!
Ann: ECS to execute expansion plans following $4m Placement., page-5
Add ECS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.61M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $114.3K | 7.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1714893 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 595616 | 2 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.6¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.6¢ | 1.6¢ | 1.6¢ | 1879554 | ||
| Last updated 15.42pm 06/06/2024 ? | |||||
| ECS (ASX) Chart |