IMO they've done the best they could to boost the sp for this drawdown
IMO the shares will be issued at 12c and will raise a little over $600k hence the strange number of shares being issued.
IMO this has nothing to do with work on the ground but more to do with paying draftsmen to draw some groovy designs for a plant that'll produce 5mtpa (I hope..........or more would be even better.........say 20mtpa). The main thing is why would they want to draw groovy designs of a mega plant? IMO the wheels of progress are definitely turning.
funding announcement, page-8
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.10M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $8 | 2.594K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 58 | 16431514 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 13787668 | 25 |
View Market Depth
| Last trade - 15.59pm 16/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |