I'm on the fence about whether to average down at this point.
On one hand they are running out of cash, another $1m was paid to settle the Murray Meds property purchase this quarter on top of whatever their operational and investing costs are.
On the other hand they should have higher receipts this quarter as a fair bit didn't get paid last quarter due to holidays. There is also the sale of TAS that will bump up their coffers and debt financing which would negate any additional cap raise.
It's all a matter of timing, what to do what to do.
- Forums
- ASX - By Stock
- ECS
- ECS Price Action
ECS Price Action, page-729
-
- There are more pages in this discussion • 1,688 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
Add ECS (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
-0.001(3.23%) |
Mkt cap ! $19.32M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $42.77K | 2.848M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 3521497 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 56483 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 3492926 | 0.014 |
6 | 1264357 | 0.013 |
6 | 1952500 | 0.012 |
2 | 1225000 | 0.011 |
2 | 1650000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 56483 | 1 |
0.016 | 1369968 | 3 |
0.017 | 721685 | 3 |
0.018 | 627945 | 5 |
0.019 | 879853 | 7 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
ECS (ASX) Chart |