Its the share structure that does not appeal to me and i suspect other investors, one owner holding 70% makes all the calls, basically its like a private company. Other minority shareholders are just a nuisance imo. A fair holding would be a 49% limit for one shareholder so the board could be independant and represent all shareholders. NNW did a recent transaction and let their Australian investors get heavily diluted to the benefit of a few chinese shareholders. Is this how it will be when ECG needs more funds or makes an acquisition.
ECG Price at posting:
31.5¢ Sentiment: None Disclosure: Not Held