a takeover is on if the financials come true, page-6

Hi TBE,

Yes. I agree. We just need to sit back and be patient. If ETC delivers in terms of their results, it would re-rate the company. I have read Lodge Partner's report on ETC and I presume that is where you obtained the $100 million NPAT for FY'10?

Anyway to all other investors (potential and existing), this is a stock that everyone has to be patient on. There are real earnings backing this story and if they produce the results, it will do well. It's different from a lot of small speckys that traders get into. ETC has a business which is generating NPAT. We need to see some decent long only instos get into the stock to help stabilise the volatility. There is so much talk about potential stakes being bought and sold on a daily basis, that you never know who to believe.

The only thing I believe in is...... if the company delivers on their projected numbers (even just for FY'09), I'll be a content shareholder. There are definitely risks involved, but I believe the benefits do outweigh the risks at this point in time.