I don't usually post but I have to point out that whilst the ARUP deal is 0 interest it comes at a 11% premium for issue of shares.
The deal doesnot make sense if funding is in the pipeline. If it is a prerequiste to another deal , then surely that it is meeting a condition for another deal is announceable.
If there is another deal shortly to be done, why would you not conclude all deals in the same trading halt period.
If I was Monash and about to put my money in , would I want a 2.5million over hang on the registry. ARUP is an engineering firm , not a capital fund. From that it would be easy to conclude hey will exit as soon as possible to get the cash.
I get betting that the management of ECT will do the smart thing , I keep losing the bet.
I wanted to put Sentiment at confused but hopeful. I think HC needs to widen its categories
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1 | 406 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 34296227 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 13986530 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
64 | 33996227 | 0.002 |
28 | 37002532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 9825223 | 32 |
0.004 | 7713019 | 12 |
0.005 | 3676859 | 23 |
0.006 | 3178567 | 7 |
0.007 | 918333 | 2 |
Last trade - 13.39pm 04/10/2024 (20 minute delay) ? |
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