'No doubt all the banter on here will elevate ESI to the most discussed stock in Australia'
Yes, but for all the wrong reasons.
The company suffered a serious blow to its credibility (or what is left of it) with yesterday's signing of what turned out to be, as expected, and now confirmed, nothing more than an R&D MOU.
While this may be something of an achievement to some, it is still only an agreement to agree to negotiate detailed sub-agreements required to fund the India project. So there is still a lot of risk.
To its credit, the company conveyed this information to the market a number of times in its recent announcements.
But, curiously, and imo stupidly, it refused to call the agreement an MOU and persisted in promoting it as a 'Master Plan Agreement' - something huge in the making!!
Fair enough, I suppose.
But the market knows BS when it sees it.
All imo.
- Forums
- ASX - By Stock
- ECT
- MOU or MPA
MOU or MPA, page-28
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $4 | 2.168K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
64 | 31335663 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 14672053 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
63 | 31082738 | 0.002 |
25 | 35001033 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 9386901 | 26 |
0.004 | 6422109 | 12 |
0.005 | 3676859 | 23 |
0.006 | 4988567 | 8 |
0.007 | 918333 | 2 |
Last trade - 12.58pm 27/09/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |