ECM 0.00% 8.0¢ east coast minerals nl

i would say, currently, buyers are scared off by the...

  1. 37,911 Posts.
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    i would say, currently, buyers are scared off by the placement

    the share capital traded on-market is only 174m and there is something like 87m new shares being allocated at 3 cents plus 43m options at 4 cents

    that is alot of shares and who knows how many of these broker clients are looking for a quick profit

    currently they are sitting on 200% profits and are probably lusting to cash in the profits

 
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Currently unlisted public company.

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