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38.0¢ elsight limited

IPO - Elsight Limited, page-58

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Lefevre

7,857 Posts.

302

08/06/17

14:00

Post #: 25174698
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Originally posted by Anton Chigurh ↑

People sinking the boot into tech listings in this market is a pretty cheap shot. Considered research, fine, but not seeing much of that here.

Blind Freddy could tell you it's a broker's worst nightmare atm trying to list nanocap stocks. Mining IPOs getting pulled too. UUV MOB GMV SVT, plus all the former darlings well off highs.

Serves little purpose getting on HC and stating the obvious.

I committed to a small position here a month ago, "just in case" as fundamentally, I saw no red flags against the biz and it was priced more favourably than most of the recent tech listings and in a prospective sector. Figured maybe the spec market may have picked-up a little by now and no big deal if wrong.

It's hardly been furious selling if you check the volume. Like other recent IPOs, there's simply a lack of buying. The market is risk-off. How much are our four major banks off in the last few months?

The LM had a nice win with DTS, which is still 50% above IPO and a poor return with HMO. Let's see how it plays out.

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Great post.

ELS Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 38.0¢		Change -0.040(9.52%)		Mkt cap ! $66.59M

Open	High	Low	Value	Volume
41.5¢	41.5¢	38.0¢	$27.21K	71.06K

Buyers (Bids)

No.	Vol.	Price($)
1	1933	38.0¢

Sellers (Offers)

Price($)	Vol.	No.
40.0¢	83000	1

View Market Depth

No.	Vol.	Price($)
3	2923	0.400
1	50000	0.395
1	90000	0.385
1	80000	0.365
1	100000	0.350

Price($)	Vol.	No.
0.425	9507	1
0.440	3512	1
0.445	2482	1
0.450	16593	2
0.490	7881	2

Last trade - 10.58am 20/11/2024 (20 minute delay)

ELS (ASX) Chart