EGR 3.57% 14.5¢ ecograf limited

General Discussion, page-2248

  1. 109 Posts.
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    The recent Q&A session with Andrew and Howard revealed a troubling reliance on a Gvt grants and various trade grants strategy for funding some of our projects. I understand their desire to take advantage of any schemes they can and realise that it also helps to protect shareholders against dilution but it is a very complex strategy when dealing with such entities. Our trade record in this regard for other previous funding when dealing with such entities has been anything but spectacular. I don’t feel as confident of our future as I previously did and if I was pushed as to our future prospects I would lean towards a takeover by the likes of Posco etc.
    just my bruised and battered opinion for what it’s worth
 
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