today, page-4

And to add to MaoriIdols comment,

Take a look at the 52week high.
At its high, when it was 9 cents, it was not as attractive as it is now as it did not have the contracts and future outlook that it has now. ESIs shareorice was valued based on a fairly poor fundamental rating then.
Relative to then, the shares fundamentals have completely backflipped now, as they are somewhat tied in and the market has qualified its fundamentals in numerous ways.
So as confidence grows, that confidence filters.

When it has finally settled down, i expect it to have visited or supassed its 52wk high, due to investor psychology and perception of its newly reduced risk.

It would be rather rare, under the circumstances, for a share not to return to such a level after such a fundamental leap which improves our market position markedly.

I hear the forum reflecting that its a hot share in the media, so it will take a bit longer than average to settle down, so again the risk factor has lost some teeth and the safer it gets, the more a share grows.


Lautrec