With all the recent postings I thought I'd take a look at the stock as I knew nothing about it.
Unfortunately it isn't a pretty picture. Not much cash left, an auditor questioning whether it is a going concern, almost no NTA (net tangible assets)and a loss of 33 cents per share when the share price is < 1 cent.
Unless something goes very right I doubt this company will survive. Hard to see anyone providing funding without huge dilution of existing holders as the risks are so high.
BTW Why is a company called "Environmental Clean Technologies" obtaining a coal exploration license - not very clean at all!
For those who are holding I do hope that the magic does happen and you see a positive move in the share price.
With all the recent postings I thought I'd take a look at the...
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $100 | 33.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 19062147 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12731463 | 25 |
View Market Depth
| Last trade - 15.59pm 05/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |