ELS 4.35% 42.0¢ elsight limited

Gee I must be reading a different 4C as I thought the progress...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,225 Posts.
    lightbulb Created with Sketch. 26
    Gee I must be reading a different 4C as I thought the progress made since IPO is outstanding and many high price techs don't generate no meaningful revenue for years and list with an idea, not a disruptive product such as ELS technology and the opportunities the autonomous vehicle market may offer.
    A few other things to note include - ''Furthermore, by introducing a recurring revenue component during this quarter, a proportion of sales invoices were not recognized as revenue in the quarter but will be amortised over 12 months according to GAAP''
    Found this interesting -"The Company expects to operate the business and its cost commitments with funding from revenue generation and will evaluate all opportunities to fund additional investment in new verticals or revenue opportunities above and beyond its plans as outlined in the Prospectus. The Company has been approached by a number of strategic investment groups and we are currently working through the potential opportunities.'' Have seen it many times that these groups take a stake quite often pay a premium to the prevailing SP'.
    And what will the Hikvision alliance deliver?
    The market is very forward looking and this is the reason we had a SP of $1.50+. Whilst the rate of sales may not be up to many expectations I'm very happy with the progress made in a few months and plenty of news should resume the SP appreciation.
 
watchlist Created with Sketch. Add ELS (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
ELS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.