ESN 0.00% 1.6¢ entellect limited

esn & mkb - a comparative analysis, page-116

  1. 959 Posts.
    My post from the DT thread:


    Thanks Treasure and of course caution is somewhat called for, although that note that was converted on Friday had a 90 day term and was a few days off expiring/needing to be redeemed by the company, so in essencee that holder that converted helped the company out by not making it waste its cash to buy it back, as cash for the company at the moment would be better spent on marketing other than through its big partnership with the PTA. The majority of the notes have been around for a while without conversion and expiry of some has recently been extended.Brokers will/have been buying and a lot more interest will come from US investors with the company's ADR program. Non-related stock (but I'll never forget it as I could've made a lot more money off it) that I remember selling too early because I underestimated the massive potential price surge from Canadian investors at the time is BKP - it ran from .4c to 3c.
 
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