ECS 3.23% 1.5¢ ecs botanics holdings ltd

If you read it doesn't say they will be in Europe or European,...

  1. 694 Posts.
    lightbulb Created with Sketch. 102
    If you read it doesn't say they will be in Europe or European, just says they will be for European expansion - so could be a look after your mate situation. I have closed my position while I was still in the green. Alex has let the share price drop 25% in less than 3 weeks as the MM deal & CR business has been happening. If they had even a few pips of good news to release this would have been good management to keep the momentum up.

    Not that I'm an expert in charting - but looking at this the 10 day MA has crossed below the 50 now which it hasn't been since before November. Also coupled with reasons outlined by you earlier such as the 80,000,000 shares about to hit the market next week, anyone who bought in the dip last year is about to come into the 12 month CGT discount next week. I can't see this trajectory turning around in the next couple of weeks - even if good news hits. I could be wrong but I don't have the trust at this point to have my hard earned sitting with a company that has just delivered nothing in the time of need.

    https://hotcopper.com.au/data/attachments/3013/3013557-020f18c021dc924070754ac552469180.jpg

    Last edited by duke348: 18/03/21
 
watchlist Created with Sketch. Add ECS (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
-0.001(3.23%)
Mkt cap ! $19.32M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $42.77K 2.848M

Buyers (Bids)

No. Vol. Price($)
17 3521497 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 56483 1
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
ECS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.