Eco Buildings Share Price (ECOB)

We might see 20p this summer but the problem is we haven't received the promised cash from Sudan. And we were supposed to have it by the end of March. If that cash had come, Eco wouldn't have needed to do this dilutive placing. Yes, it's good that production is being increased in Albania, but the lack of cash from Sudan is disappointing. And worrying.

Time to build a position

Bought 50000 and showing as sales

Fair comments :

The important thing for me is that the raise now removes a lot of uncertainty and, importantly, it has been done at 12p specifically to fund a second manufacturing line in Albania due to increasing demand.

That’s a very different situation from a company raising money simply to survive.

We now have:

• Live construction underway with Balfin• €2.2m revenue potential per apartment block• Multiple blocks planned• A second production line being installed within months• Senegal implementation progressing• Indonesia $5m partner-funded production line• Chile €420m programme advancing

The company is clearly moving from “early-stage story” into scaling production capacity and executing projects across multiple regions.

Nobody loves dilution, but if capital is being used to accelerate delivery and expand manufacturing capability, that’s exactly what growth companies do.

Feels like a major overhang has now been removed and the focus can return to execution and rollout.

Reasonably pleased with the placing price... onwards and upwards from here.