ECT 25.0% 0.3¢ environmental clean technologies limited.

I've been thinking about the strategy to achieve positive...

  1. 94 Posts.
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    I've been thinking about the strategy to achieve positive operating cash flows and I'm not hating our current position.

    Luckily we got some cash in the door before the COVID hit, and once it did I think we were lucky again in the sense that repair works seem to be continuing based on my understanding of the industries that have managed to avoid the lockdown. Fast forward 6 to 12 months we may well have positive operating cash flows, which given our lack of debt, buys us a huge amount of time to pursue the real goal of commercialisation. I doubt the share price will be anywhere near what we’re seeing now.
    .

    On the share price, I’ve consistently held the view that it was artificially depressed to $0.001 with no bids. When you present a capital raising at $0.001 with free options, it makes sense to sell your holding at $0.001 (or lower if it were possible), with the plan to buy back at $0.001 with free options attached. IMO the market worked this out and put the share price to the floor. Unfortunately, COVID hit shortly after the raising was complete which deferred the price recovery, IMO, however, things look like they are settling down. IMO those who committed to the raising will see gains of 100% to 300% over the coming months, which based on the price history of this thing isn’t really all that outrageous to suggest.
    .

    Anyway for me, it’s back to work, however, I do wonder how fast $0.002 will be wiped after the first trade at that level goes through . . . .

    All IMO

 
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59 28294797 0.2¢
 

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0.3¢ 11624163 23
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Last trade - 11.28am 05/09/2024 (20 minute delay) ?
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