"Dead men walking" great analogy.
ECS also has a serious (credibility) handicap in having Alex Keach still associated as a major shareholder ... a deadweight.
But I have been amazed by the trading after the Bell-Potter raise. Who'd have thought that they could keep so many shares under control on this whip-sawing market? Not I! And still the related sophs are holding out for better things. Perhaps many have decided to go long (I doubt it). But perhaps most are awaiting the next Q announcement in April.
If I box up the past few months on the chart it looks like that below. What's the bet it all changes on the results from the current Q announcement, and guidance looking forward (plus new deals?)?
Nice chart Amb005
ECS Price Action, page-2138
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 (20min delay)
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $23.19M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $21.62K | 1.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38789 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 731949 | 8 |
View Market Depth
| Last trade - 15.04pm 24/05/2024 (20 minute delay) ? |
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Last
1.8¢ |
Change
-0.001 ( 5.26 %) |
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| Open | High | Low | Volume | ||
| 1.8¢ | 1.9¢ | 1.8¢ | 120228 | ||
| Last updated 13.28pm 24/05/2024 ? | |||||
| ECS (ASX) Chart |