ESI has only released one REAL announcement in the past 2 years...which resulted in a re-rating...and that was the IP acquisition.
All other announcements/milestones pre and post the IP announcement have not been significant enough to shake up the share price and bring on Insto support...afterall...without Insto support no company can sustain a rising share price.
The next announcement - due any day will be the NEXT major announcement/achievement for ESI that will/should offer us another re-rating...and that is the SPV establishment and FS funding.
I doubt Instos will jump on board - following this announcement but when the FS is completed and a successful FS result is achieved, ESI will no longer be a HC stock and/or a P/D stock...because Instos will be all over it!
Happy to sit back and watch this story unfold over the next 3-6 months.
buyers are building up!, page-5
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $7 | 2.454K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 18738002 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12408157 | 22 |
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| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| ECT (ASX) Chart |