ETC entertainment media & telecoms corporation limited

Hey Techcoatthere is only 1139250000 shares on offer (1.1...

  1. 580 Posts.
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    Hey Techcoat

    there is only 1139250000 shares on offer (1.1 billion) Bad isnt it? Well no not really when you consider the top 20 shareholders own 1038824495 (1.038 billion) so realistically this leaves only 100 mil shares for us little investors and with the trading volumes we have had over last few weeks any who is holding is depleting the shares that are left up for grabs.

    Yes it has risen fast, No the shares outstanding dont have much of a bearing as you would think it would for a spec stock there is still room for it to move today and only concern is the day traders but hey cant complain anyone who is holding still from share consolidation and suspension for nearly two years is getting there money back if not more when they thought all was lost!!!!!

    DYOR knowledge is power, spend a little time researching and you will find some treasure in this stock! is this the highest it will go only time will tell


    Sapio is very appealing
 
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Currently unlisted public company.

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