Thanks for info guys. I am new at investing and looks like I got a bit burnt on this one. Lesson learnt, don't buy AFTER a great announcement (Woolies tie up) as the value in the SP had already been reflected by those in the know who bought before the announcement. Just as well I only invested a small fraction of my portfolio in ECG. As I am a long term investor, need to work out whether to keep or cut my losses.
ECG Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held