one up/riceman One Up - thanks mate. I'm of the exact same...

one up/riceman One Up - thanks mate. I'm of the exact same opinion. The report was good but not excellent like the 1st quarter. The fact that they were still cashflow positive though for the quarter was pleasing for me and shows a substantial improvement from the previous corresponding period which is extremely pleasing for shareholders I believe. Certainly now I think the market will be more calmer as all has been revealed and as a couple people have pointed out recently everything still looks good for ETC and the selling was merely people following the flock and not because something really bad was wrong with ETC. The shareprice should stabilise soon I believe. What's the bet some good news comes out soon as this is a news driven stock and the directors would much rather the SP be around 2c so if infact they do need a cap raising they could easily do it at around 1-1.5c but they can't do it at the moment with the SP at 1.1c!

Riceman - I'm exactly the same as you mate. I will most likely be selling in the next nice run up as well. No doubt about it.


Tomorrow will be interesting but I think the SP will stabilise around 1.2c for now until the next bit of good news comes out. All the best shareholders.