Market cap has been wanting to go lower, but cannot due to stockprice rock bottoming. With this consolidation, Market cap is free to move lower towards what I beleive is fairer value for a company with dwindling cash, and little prospects of any significant revenue in the near term, let alone positive cash flow.
Ann: Update - Consolidation/Split - ECT, page-5
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $7.929M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $1.677K | 824.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 18656688 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 8157020 | 4 |
View Market Depth
| Last trade - 15.43pm 09/08/2024 (20 minute delay) ? |
| ECT (ASX) Chart |