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1.8¢ ecs botanics holdings ltd

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MooChoo

235 Posts.

22

27/02/24

15:24

Post #: 72622681
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Originally posted by wolfk: ↑

I’d be focussing on how positive news over the last 6-9 months hasn’t been forcing the SP up. Look closely at the volumes traded and the clear level of resistance/selling at 2.5c to 2.3c. Certain sellers seemed to be liquidating in anticipation of being refilled at 2.2c (really 1.8c when you factor in dilution).

If you look at the trading with a neutral view, it seems that the market simply isn’t interested in ECS. When you look at it, now knowing that a raise at 2.2c was planned, it’s relatively clear that certain sellers may have been trading with an ‘educated’ outlook… All smells too fishy for me.

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Did join the call yesterday? Nan covered the issues with SP.

She also covered the significance of this news.

ECS Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $23.19M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$648	35.97K

Buyers (Bids)

No.	Vol.	Price($)
3	255908	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	836899	4

View Market Depth

No.	Vol.	Price($)
3	255908	0.018
13	3896905	0.017
17	4396863	0.016
6	2147641	0.015
5	2881428	0.014

Price($)	Vol.	No.
0.019	836899	4
0.020	1867071	11
0.021	1585441	5
0.022	630000	2
0.023	578677	2

Last trade - 11.03am 08/10/2024 (20 minute delay)

ECS (ASX) Chart