ECT 0.00% 0.2¢ environmental clean technologies limited.

RESEARCH: Promising Cleantech Play, page-66

  1. 56,640 Posts.
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    New holders pre-record date or those who will participate in the shortfall, and more so, new holders who are buying at 0.01, will again sell at 0.01 and keep the free option. It's perfectly logical to do this.

    I also suggest that the resistance at 0.01 may be chronic for the reasons above, plus, for those who may want to crystalise a capital loss, the line may be bigger than what is visually apparent.

    A case could be prosecuted that this entity won't last another 3 months before insolvency and v/a.

    Debts do need to be paid.

    It's the last gasp - always interesting to watch the strategies of any Board that is struggling to survive.
    Last edited by fluffynymph: 14/11/19
 
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