500,000 existing users @ $50pa=$25m revenue pa, page-47

Hey Dee,

Welcome to posting on ESN/HotCopper - your first post ever?

No movement on ESN today?

My platform shows 33% up! Haha

Are you enquiring why the volume traded so far today is not in the tens of millions like it has been recently?

The reason for that is, in my opinion, obviously no one wants to sell down at .3 as no one has (apart from 1 share sales or $20 bot trades).

So most people that have bought on market have bought at .4 or above and won't sell their shares.

The recent selling also suggests that the momentum junkies/traders got spooked and sold out after the note conversion and are now waiting to pounce.

Brokers/other accumulators are in the same boat, sitting there and waiting for someone to sell at .3, which is not coming, and are ready to pounce.

Once a few of them start buying, the rest will do the same and, boom, .4 gets line wiped in 60 seconds.

In summary, the only way from here is up.

Oh, and as I write, there have been another 56 sign-ups this morning: