ESN 0.00% 1.6¢ entellect limited

Ann: Trading Halt , page-6

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  1. 688 Posts.
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    Agree that I think it will be at .001 - don't think the recent VWAP would support anything higher.

    Guess this means that there has not been a significant uplift in revenue although the size of the CR could be a windsock in terms of how things are going in this regard. On the other hand a largish CR could be an all in bet that they won't need to fund raise in the future.

    I thought about taking a 50% loss and exiting at .002 this week and now wish I had done so - I can't see the SP above .001 again for long time now unless revenue moves up to close to break even.

    So quick straw poll - anyone here planning to take shares in CR if they offer them at .001 ?
 
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