"Therefore it stands to reason that ESI would not be obliged to notify shareholders if the deal fails to materialise"
ECT have stated they are obligated to advise the market of any outcome as part of their continuous disclosure obligations.
Extract from ann. 22 April.
"Collaboration Agreement Progressing The Company reconfirms discussions with Neyveli Lignite Corporation (NLC) and the National Mineral Development Corporation (NMDC) in relation to the proposed Tripartite Agreement for project development in India continue. The Company is working diligently toward its objective of commercialisation of Coldry and Matmor technologies, and will continue to update the market in line with continuous disclosure obligations."
vacre
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $620 | 218.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 28292481 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11891216 | 23 |
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| ECT (ASX) Chart |