When a company is willing to pay 50% more than what was initially voted on by shareholders, to me means they got ESI cheap initially, very cheap.
Imo this type of action will lead to a takeover down the track, the only question is at what price, guarantee it wont be below 20c.
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I'm not here to be in a boy band CHEIF!
ect funding, page-38
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $297 | 79.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 55 | 17643627 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 14484105 | 27 |
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| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |