Let me see. Bid at 1c, 4.6 billion shares on issue. Hmmm, unstoppable force? You might want to rethink that one.
Currently, each pip increase represents around $5 million at current valuations. What event in the foreseeable future is going to cause the MC to rise by multiples of $5 million? The company has just shown that at best, it could generate $162,000 after a 3 month trial. So where is it going to pull $5 million (1 pip), $10 million (2 pips), $15 million (3 pips) of value from? Even after extrapolating out the revenue for a 3,000 tonne trial, this represents half a million dollars.
Now if there is a promise and binding contract to build a huge plant in India, then that's a different story but have we seen this yet?
- Forums
- ASX - By Stock
- ECT
- News: ESI Environmental Clean Technologies enters sales deal with Jebsens for Bacchus Marsh facility
News: ESI Environmental Clean Technologies enters sales deal with Jebsens for Bacchus Marsh facility, page-28
-
-
- There are more pages in this discussion • 56 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
|
|||||
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $2.02K | 884.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 26622747 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10355203 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
53 | 26622747 | 0.002 |
26 | 36026033 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 10355203 | 12 |
0.004 | 9510488 | 13 |
0.005 | 5286335 | 28 |
0.006 | 4988567 | 8 |
0.007 | 918333 | 2 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |