So I wonder if we'll hear something soon about the ELF Loans - less than four weeks before they are due and no glimmer of a prospect of a SP that would justify paying out the loans. Maybe ECT will come up with a cunning plan to somehow keep them in play - they have before. On the other hand, maybe ECT and/or the major shareholders would rather have the shares resumed by the company.
Like quite a few here I turned my ECT investment that was already in the red into an absolute disaster by allowing myself to be persuaded to pay out a significant amount of ELF loans in return for the 30% discount - didn't seem like such a crazy idea when it looked like the India Project would be signed off any day. Throwing good money after bad! Basically destroyed our retirement savings.
GLTAH.
ELF Loans / ELF Shares
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $12.68M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $514 | 103.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 27793946 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6821137 | 21 |
View Market Depth
| Last trade - 14.26pm 29/04/2024 (20 minute delay) ? |
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Last
0.4¢ |
Change
-0.001 ( 20.0 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.4¢ | 10554725 | ||
| Last updated 13.50pm 29/04/2024 ? | |||||
| ECT (ASX) Chart |