I agree kegsy1hd.
This is an early stage tech company with seamingly boundless commercialisation opportunities.
Cash receipts are bound to be lumpy. The 2 contracts they have announced haven't even started yet. They have stated that this quarter will have a likely significant increase in cashflows.
They win most contracts they tender for.
Who cares if they do a cap raise. It will make a minimal impact on the overall register. By the looks of it a cap raise might be to any number of strategic new age tech players. There is a lot of interest in the Elsight tech and this is why the share price has increased significantly since the IPO doldrums.
I managed to top up at 69 cents.
Ann: Appendix 4C - Quarterly & Activity Report, page-15
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Last
42.0¢ |
Change
0.018(4.35%) |
Mkt cap ! $66.59M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 42.0¢ | 38.5¢ | $9.685K | 23.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 57097 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 25594 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ELS (ASX) Chart |
