I agree with you Rupert.
The challenge is that this company needs to focus on getting the business done BUT since its technology is looking better every day, the manipulators are playing their end game trying to gain control. The more attractive the technology becomes, the more plays will be made at gaining control from various old and new groups.
Management needs to deal with these people directly and firmly. The recent opening up to raising funds via existing shareholders is a good solution as it gives opportunity for many to average way down and yet dilutes the old manipulators while telling the new ones that there are other solutions to fundraising.
All this MUST allow the company to get back to work instead of constantly battling for control which is what it has been doing for the last year. The next step should be to use every legal means to stop future manipulations.
ECT has shown persistence and focus but now it also needs to get tough and deal with manipulators via direct means. This is a message which legitimate shareholders need to pass clearly to management.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $32 | 16.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
54 | 30041044 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12484246 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
53 | 29791044 | 0.002 |
28 | 35036532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 11378674 | 20 |
0.004 | 5782988 | 10 |
0.005 | 4098859 | 25 |
0.006 | 5155234 | 9 |
0.007 | 918333 | 2 |
Last trade - 10.02am 30/08/2024 (20 minute delay) ? |
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