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 ?
ESN Price at posting:
0.2¢ Sentiment: None Disclosure: Held
