Cash burn is very high.... holders are waiting for news of "the" cornerstone investor but no announcement regarding this has been forthcoming. Queries aplenty but if cash flow is now positive.....this could be beginning to turnaround and at at this market cap, is well worth a punt IMO.
ETC has been a basket case and many have lost out since the share consolidation, however, now could be the time for new investors to strike at these levels.
I have obviously taken a punt on this for interest and the possibility of very high gains.
- Forums
- ASX - By Stock
- ETC
- cash flow postive,2cshare,81 million
ETC
entertainment media & telecoms corporation limited
cash flow postive,2cshare,81 million, page-9
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)