ELS 3.41% 45.5¢ elsight limited

Elsight - a junk stock? ELS profitable...ever?, page-14

  1. 1,060 Posts.
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    I'm sorry to do this on Christmas but you really have no idea.. You purposely started a new thread with a title that would bait holders and to try and down ramp and now you are back peddling.

    how many micro cap tech companies are profitable? to expect this so early on is ridiculous.

    you have to realise that with tech companies the path to profitability can take years. Look at XRO as an example, $11b market cap and it barely turns a profit.

    with ELS, they have just launched a new product, so you would expect it's going to take a while to prove out the tech via the POCs (which is underway), then to enter into contracts with customers.

    a little bit of patience required but if your looking for dividends I'd say micro cap tech or infact any tech companies are not for you.

    all IMO DYOR

    Merry Christmas to all the ELS holders!
 
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45.5¢
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