ECT 0.00% 0.4¢ environmental clean technologies limited.

pacific capital outcome, page-2

  1. 563 Posts.
    lightbulb Created with Sketch. 5
    I suspect a little more of the ZCCN will be drawn down
    and then converted to shares to allow Pacific Capital to have some shares to give them back to the shareholders they borrowed them from.

    My guess is that $200k to $250k will be drawn down and converted.

    Its not all bad news, dilution will be no worse than that under SPP and company has another $200k + in its bank account.

    Pacific Capital would not have settled if they had to buy them back on market, it would of cost them more than the conversion price.
 
watchlist Created with Sketch. Add ECT (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $11.10M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $7 2.342K

Buyers (Bids)

No. Vol. Price($)
44 18822332 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 11568741 26
View Market Depth
Last trade - 14.19pm 01/07/2024 (20 minute delay) ?
ECT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.