EAR 0.00% 32.5¢ echo resources limited

Aren't they going to require capital soon to finance...

  1. 333 Posts.
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    Aren't they going to require capital soon to finance recommissioning of plant and infrastructure etc? There will be a lot of smart money sitting on the side lines waiting for this. The lower it goes, the cheaper they'll get in.


    It'll also be good to see if the speculation that 1832 have been selling down is correct. Whoever has been selling has kept the downward pressure on the share price. The only other thing that worries me is the turn over of the Board. Guess we'll find out soon enough if someone else has information we don't.


    I was attempting to be the smart money up until today, brought in at .105 this afternoon and tried for another package which is still waiting to be filled. Lets see how smart I am, or not.

 
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