ELS 2.13% 46.0¢ elsight limited

Ann: Elsight to enter lucrative market of Autonomous Vehicles, page-308

  1. 9,791 Posts.
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    Nothing wrong with a cap raising with a stock thats heading to the moon.
    The investors buying it don't seem to be bothered with a potential cap raise.
    At this rate it could be at $2. An extra 5 or 10 million shares is no problem.
    Whoever is buying it seem to be in the know - insider buying.

    In fact a strengthened balance sheet would be a big plus for ELS.

    Any cap raising could also be to a strategic investor. Heaps of possibilities.

    2 weeks to the roadshow.
 
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