ECS
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5.88% 1.8¢ ecs botanics holdings ltd

Ann: Major Expansion planned for Tasmania, page-33

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  1. duke348
    793 Posts.
    lightbulb Created with Sketch. 117
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    15/04/21
    13:19
    Post #: 52489303
    Well who knows what ECS are getting on the market for 1kg of dry CBD flower, or 1kg of crude CBD oil --- these will be the 2 options they have to produce I would imagine when the extraction equipment is working. (Note a comment on linkedIn by David McCredie suggests things are looking good - possibly an impending announcement coming)
    https://hotcopper.com.au/data/attachments/3093/3093731-e27f94d1cfa5535a186a8d0df0b4ed9f.jpg



    https://hotcopper.com.au/data/attachments/3093/3093771-59c923600d49a7dbbb91beea98888c2f.jpg


    Assuming that 1kg of dry CBD flower is worth $180USD/pound .:. ~$427 AUD/Kg (canntrade article June 2020)
    2188kg x 427 = $934,276
    1313kg x 427 = $560,651

    ECS Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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1.8¢ 		Change
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