No question the way they handled the recent suspension was an absolute debacle.
However, the recent Stage 2 Ergon deal is potentially a company maker for ESK, giving them up to 5 years of revenue certainty, and likely making them currently profitable
Refer http://www.afr.com/p/markets/market_wrap/etherstack_in_tune_with_network_yPP71bJvM3KSJE1QdUsEDL
“radio network contract with Queensland’s Ergon Energy that could be worth $25 million if fully deployed”
The fact that a number of mulitnationals (Cisco / JVC Kenwood / Harris Corp) have partnered with ESK shows confidence in the ESK products.
The question is how long will it take for the market to get confidence in ESK?....and/or will David Deacon be able to pull off another Indian Pacific / Open Tel type deal that made him a wealthy man a few years ago.
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Change
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Mkt cap ! $25.05M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 16666 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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19.0¢ | 3758 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 5000 | 0.165 |
1 | 200000 | 0.150 |
1 | 65000 | 0.145 |
1 | 45000 | 0.140 |
1 | 68783 | 0.130 |
Price($) | Vol. | No. |
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0.190 | 20000 | 1 |
0.200 | 19999 | 1 |
0.210 | 20000 | 1 |
0.220 | 21000 | 2 |
0.225 | 2964 | 1 |
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