As far as I know,
1) Alex still holds 50,253,739 shares
2) the reason he sold the remaining @1.5c was a one off situation related to his personal debt situation -
3) Alex has better understanding of the value of the ECS shares and I wouldn't think he or anyone in the position will be holding on to it.
4) the top 20 was of the order of 5M shares some time back, now it over 8M possibly close to 10M shares by now - just indicates more consolidation from weaker hands. When those few remaining disappears into smart pockets we will witness the real rerate.
I guess it won't far, just my thought, time will tell (disclosure: I am wrong more than 50%). GLTAH
ECS Price Action, page-2455
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Last
1.7¢ |
Change
0.004(30.8%) |
Mkt cap ! $21.90M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.5¢ | $159.2K | 9.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1737053 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 556948 | 1 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| ECS (ASX) Chart |