Very undervalued, but I can also understand the reluctance of investors to put money back into this sector given the company ECS keeps unfortunately:
AGH and CAN combined have burnt through over $250m. Great destruction of wealth there, although in the case of AGH a fair chunk of that wealth was redristributed to the MD... I can see both of these companies potentially being eye-balled for acquisitions by investors looking to utilise the tax losses.
ECS Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
