I think from a strategic standpoint the company would need to achieve a little more than what it has done thus far in order to capture the full benefit/attention of a AIM/pink sheets listing
Some ASX coys listed on AIM had way less than ECT presently have when they listed. RRS listed solely on a project in a war zone in 2005 that still hasnt eventuated. However - listing opened many doors to other investors/projects for them. AIM listing was a brilliant move. Research RRS's AIM listing - indicates what a no brainer it is for ECT to get the ball rolling.
In a few weeks ECT will have a JV and a funded SPV - AIM nomads would be doing cart wheels to be involved. How many coys come along with ECT's potential with a funded JV to underpin things?
Also the cost and additional compliance issues would prob be more of a hindrance than benefit at this stage.
It takes about 6 mths to list. The fees are usually taken from the raised $$ from the listing - so there is little upfront cash required. Get the ball rolling and list year end when the Oct 30 deadline has passed and likely China/Matmor progress is happening too. Lots can happen in 6 mths with test burns done/in progress. Im expecting the sp to be multiples by then.
I reckon the approx $200k/pa for AIM is the best $200k/pa ECT would ever spend for increasing s/holder value. The benefits are immeasurable. ECT is ripe to list.
- Forums
- ASX - By Stock
- ECT
- post april 30 financing
post april 30 financing, page-22
-
- There are more pages in this discussion • 4 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
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $21 | 8.205K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
62 | 32138373 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12757985 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
62 | 32138373 | 0.002 |
26 | 36026033 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 12757985 | 13 |
0.004 | 6660488 | 12 |
0.005 | 5286335 | 28 |
0.006 | 4988567 | 8 |
0.007 | 918333 | 2 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online