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0.2¢ environmental clean technologies limited.

ECT - Q&A Session - India Update, page-68

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Calabria57

387 Posts.

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22/01/20

15:17

Post #: 42517246
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Originally posted by aboutus: ↑

HI EVERYONE, it is with some interest to follow your opinion and thoughts, and on this occasion I would like to share with you my point of view.
Assuming expected earnings -"We are very clear in that it is earnings not revenue.":
- expected to be $3mil, taking under consideration only one activity x say 15 = $45,000,000 P/A
- number of shares with full subscription - 9,801,032,786
- so based on my very simple calculation - $45m / number of shares = $0.004. Of course it is not $0.02, but better than $0.001

If the above calculation is correct, then everyone, ECT and its shareholders are better off for number of reason, assuming that our Management is committed to its direction / promises to be executed with expected level of professionalism and integrity.

Revenue is the income generated before expenses are deducted. Revenue is also called net sales for some companies since net sales include any returns of merchandise by customers.
Earnings, by contrast, reflect the bottom line on the income statement and is the profit a company has earned for a period.

AIMO

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ECT is not going to generate $45m of revenue. And you can't divide revenue by number of shares to calculate market cap. You want to revise your post?

ECT Price at posting: 0.2¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 0.2¢		Change -0.001(20.0%)		Mkt cap ! $6.343M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.2¢	$4	2.168K

Buyers (Bids)

No.	Vol.	Price($)
64	31335663	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	14672053	29

View Market Depth

No.	Vol.	Price($)
63	31082738	0.002
25	35001033	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	9386901	26
0.004	6422109	12
0.005	3676859	23
0.006	4988567	8
0.007	918333	2

Last trade - 12.58pm 27/09/2024 (20 minute delay)

ECT (ASX) Chart