ELS 4.35% 42.0¢ elsight limited

Agreed - this is a very difficult stock to have a large stake...

  1. 2,311 Posts.
    lightbulb Created with Sketch. 534
    Agreed - this is a very difficult stock to have a large stake in. I have a suspicion that one (or a few) entities have been accumulating slowly trying to go unnoticed, encouraging crashes and scooping up loose hands etc. trying to build to the desired holding - if that is then held with a very long-term outlook, the illiquidity to slowly withdraw when this thing is $5? $10? $50? will be inconsequential compared to the profit that will have been made by taking the position now. I also think this may be the case as the share price has been rising so consistently, with the same games being played nearly every day, but never too fast as to draw more undue attention to itself. Or maybe I'm just being paranoid because it all seems "too good to be true" - time will tell
 
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.