When people put out unsubstantiated claims of "accumulation" you know it's still in distribution.
ECT needs an announcement in the vicinity of being a step closer to generating revenue in order to have any rerate on the SP price.
Until such announcement, as I holder I will still opinionate towards it's not a good buy simply based on previous performance of 90% wealth destruction.
ECT Chart, page-338
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $12.68M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $2.299K | 577.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 20606321 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11436632 | 21 |
View Market Depth
| Last trade - 15.56pm 18/06/2024 (20 minute delay) ? |
| ECT (ASX) Chart |