Their is a very determined push to keep the price down which has been happening since the $10,000,000 cash announcement. The 30,000,000 share options at .50 may be the catalyst. Not the best move when the company is confirming earnings guidance of .10 to .11 cents a share. This effort to keep price low has rocked the confidence to buy even when the share price is incredibly cheap when compared to earnings current and future and NIL debt with strong cash flow. The earnings should be reliable due to the long term contracts with Goverments so it will be a matter of patience until the fundamentals of the company will be too good to hold down the price. I have cotinued to top up at these low prices.
ETC Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held