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5.88%

1.8¢ ecs botanics holdings ltd

This was my quiet conclusion too. The wall at 1.5c, the fact...

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hawher

217 Posts.

63

07/06/24

17:02

Post #: 74221020
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Originally posted by amb005: ↑

It makes a lot of sense to sell for a profit. If they participated in the Bell Potter offer of 1.5 cents for Alex's shares, then they are in profit anywhere above 1.5.

I got no more funds , emptied my free cash at 1.6 yesterday, so Im hoping we dont go lower. I think we just need to get through these sellers at 1.6, the sale keeps refreshing, suspect its an ice berg order, so when they are done hopefully we bounce pretty quickly back to 2s. With supply being done and demand staying the same should be quick, its pretty amazing we have absorbed this much sell volume, bad timing with EOFY selling too, and cant imagine the original Bell Potter participants are feeling good about their purchase at 2.2 either. Lets just hope when the selling is done and come next quarterly, Bell Potter start getting to work to get their options in the money!

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This was my quiet conclusion too. The wall at 1.5c, the fact that the ONLY trades I've seen today have been at 1.6c, and re-listing every time someone buys the order. Who in their right mind would sell at an all-time low? I guess it makes sense if they bought tens of millions at 1.5c. Short-sighted IMO, but I guess they're making money so w/e.

ECS Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.8¢		Change 0.001(5.88%)		Mkt cap ! $23.19M

Open	High	Low	Value	Volume
1.8¢	2.0¢	1.8¢	$67.72K	3.636M

Buyers (Bids)

No.	Vol.	Price($)
8	996010	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	667713	6

View Market Depth

No.	Vol.	Price($)
3	599996	0.019
7	912677	0.018
3	1060000	0.017
15	3437530	0.016
14	3450245	0.015

Price($)	Vol.	No.
0.018	406550	2
0.020	667713	6
0.021	1222157	5
0.022	435644	5
0.023	642282	3

Last trade - 16.10pm 01/07/2024 (20 minute delay)

ECS (ASX) Chart

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