One thing I have always thought about these delays with the signing and agreements is NMDC want to really push ECT to the brink of collapse. That way they can buy the technology for a pittance and have nothing else to do with ECT. This leaves ECT with nothing more than a small cheque in the bank for the technology, no other working capital and the company and share holders are put out of their misery. the company is then wound up and shareholders if lucky get 0.1c a share.
Good luck to all holders, hope this works out for you on the 31st of March, but I don't see how the company will front up the $3.5million without a cap raise
Ann: India Project Proceeds to Next Stage, page-18
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $4 | 2.168K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 64 | 31335663 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 14672053 | 29 |
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| Last trade - 12.58pm 27/09/2024 (20 minute delay) ? |
| ECT (ASX) Chart |