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ECT is not going to generate $45m of revenue. And you can't...

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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
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $9.515M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$1.573K	524.2K

Buyers (Bids)

No.	Vol.	Price($)
35	23024363	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	2777626	4

View Market Depth

No.	Vol.	Price($)
35	23024363	0.002
19	27719024	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	2777626	4
0.004	11153031	14
0.005	5751289	32
0.006	5239567	10
0.007	2628334	7

Last trade - 16.10pm 31/07/2024 (20 minute delay)

ECT (ASX) Chart