Good advice, but I suspect it will fall on deaf ears.
When we hear from the company I expect we'll find that the 30% offer was very well subscribed to. Whilst I didn't have a lot of money lying around idle I did manage to scrounge up enough to apply for a 100% over-subscription on a significant part of my holdings and the 30% on almost all of the rest. In all cases I'd previously been capitalizing interest 6 monthly. I think it was a very generous offer.
Looking forward to financial close and then we'll see what that brings to the SP. My expectations are somewhat muted but wouldn't it be nice if the market finally gives ECT the rerate it deserves.
GLTAH.
Time Line to Financial Close, page-33
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.077K | 538.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 285269 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 15109396 | 25 |
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| Last trade - 10.02am 04/12/2024 (20 minute delay) ? |
| ECT (ASX) Chart |
