ECTI appreciate that you are a holder but it would be remiss of...

  1. 12,844 Posts.
    lightbulb Created with Sketch. 1054
    ECT

    I appreciate that you are a holder but it would be remiss of me not to offer opposing views as a non holder.

    1. Has just issued another 360(odd) M shared at 5.5c as well as 50M options?
    2. Now has a SOI of near 3B
    3. Has been trading within a very tight range of late and in fact is at the lowest level it has been since listing in 2006 (see chart)
    4. Current VWAP is 6.5 cents
    5. Daily volume levels have almost dried up (example - July 26 some 944 shares were traded).
    6. Yesterday it hit 08 but capitulated back to 07.

    https://hotcopper.com.au/data/attachments/5572/5572450-1bfb00b2577e2d45fedfadfc739454a0.jpg

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.