it’s not quite like saying Apple is going broke but yeah a listed company won’t go broke unless it has debt. It is a valid point though RE: ESH running low on funds. $2.3M was Dec18 and they burn $1.3M a quarter so they could be reporting under $1M at 31 March unless they have pumped the brakes which would be bad for platform metrics... they should have raised when they had interest now when they come to raise it will be from a position of weakness... not good for the raising price
ESH Price at posting:
1.3¢ Sentiment: Hold Disclosure: Not Held