ELS 3.01% 40.3¢ elsight limited

I agree with everything you have said except for the last part....

  1. 7,857 Posts.
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    I agree with everything you have said except for the last part.

    Management haven't delivered on anything. Particularly on all the claims they made on the investor roadshow last December. 6 x billion dollar pillars, autonomous JV's, Bank deals, USA broadcasting deals, miniaturisation of tech to credit card size, multi million dollar medicase deal etc.

    The $3 mil forecast revenue for the year is going to be a stretch.

    They could have done a cap raise at $1.50 but instead do one at 72 cents through Hunter Capital to the usual dumper funds.

    This company operates on whispers and communication to the market to date has been very poor.

    Besides all that I believe in the tech and that management will deliver in some way or form sooner or later.
 
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