As management have stated themselves in news out today that opportunities have never been better plus 'frees up ECT to explore a number of other promising commercial opportunities, directly with large Asian coal buyers with a history of investment in mines & transport development'.
This next deal could probably end up a better deal than with Tincom & with someone more financially viable who can back it all the way & not muck us around like Tincom did.
I don't believe we will have to wait long to snag one of these companies for a JV who have probably watched all along & are now very eager to be part of this opportunity.
I bet we end up in a better place & everyone who sold will be kicking themselves in the future saying 'I remember that stock - I could have bought up big in it for under 2c'! Thanks for the cheap shares & if they get cheaper for awhile until they announce a new JV with a bigger & better company than Tincom I'm not worried as this technology is the way of the future - even if overseas recognise this more than Australia does just yet.
And....there is plenty of room for both ESI & MNMs different technologies so own both stocks instead of slamming one or the other as each proceed forward at different paces. Good luck all!
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Last
0.2¢ |
Change
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Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $1 | 406 |
Buyers (Bids)
No. | Vol. | Price($) |
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65 | 34296227 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 13986530 | 33 |
View Market Depth
No. | Vol. | Price($) |
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64 | 33996227 | 0.002 |
28 | 37002532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 9825223 | 32 |
0.004 | 7713019 | 12 |
0.005 | 3676859 | 23 |
0.006 | 3178567 | 7 |
0.007 | 918333 | 2 |
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