ECS 5.88% 1.8¢ ecs botanics holdings ltd

Sorry mate to pick your thread to reply but reading all above...

  1. 263 Posts.
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    Sorry mate to pick your thread to reply but reading all above and feeling like sharing my thoughts again. I was looking at gold prices in the similar time, never going up at all, after every time it tried to break out, now it looks like trying again although gold is considered the safe heaven. ECS may be considered slightly like gold and like consumable which should keep going only up but slowly. Numerous reasons I guess are against us. 1) the failed Cannabis market, 2) Australian market 3) Not favourable in the eyes of big players/manipulators 4) belief that anyone can become a producer overnight ie easy opposition etc etc

    However, I see this as a LT play. MC just 30M with 2.4M profit, not sure what in the normal circumstances could stop it from being a MC of 300M. Profitable, don't see another raise unless for extraordinary reasons, well managed, profitable with increasing profitability etc etc. What is really wrong if we did not rerate and get manipulated at least for a while. I have doubled my holding after the raise at premium, still happy, even if we rerate 10 times most of us may only have paper profit, so we wait as we have a real future company in the making unlike many others, and with tremendous opportunities ahead. GLTAH


 
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
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