Multiple offtake deals will be signed ONCE a Coldry plant is approved for construction in Latrobe Valley - so I assume anytime after July.
The market will initially re-rate ECT upon confirmation of a Coldry plant being approved. I dont believe the Share Price will be 80c on the signing of this deal. Maybe 25c would be a realistic number. 80c+ will only be achieved with multiple offtake deals.
I anticipate that 80c+ will be achieved, but I doubt it will happen this year...next year appears more likely...but this will depend on the quality of the new board.
Still a bit more time to accumulate before the broader market realises the potential of this stock.
Multiple offtake deals will be signed ONCE a Coldry plant is...
Add ECT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $12.68M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $1.951K | 577.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 18210219 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12880227 | 27 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| ECT (ASX) Chart |