According to the amount of people viewing this thread, it would be safe to judge that ESI is receiving enormous attention amongst investors currently, and our share price might be moving faster than anybody here expects at the earliest sign of speculation ( as seen last week in a first twitch ) or actual news.
Many traders and investors have this coy on their radars as
Victorian politics and business communities seem to agree that the exploration of our lignite resources in the state and the outlook of exports to interested Asian nations becomes a pressing issue.
In my humble opinion, a perfect storm is in the making and I look forward to when the brakes are released and this share will fly.
Since the notification of our short listing, I continue to accumulate as I'm of the opinion that there is simply no competitive alternative to our tech in regards to drying technologies.
Monash has to come forward prior to the ALDP decision, otherwise they miss the opportunity to obtain shares for 2 cents as price should be well north of 5 cents once we have confirmation of ALDP funds.
This window of opportunity is quickly closing, only several weeks are remaining and sooner than later the share price has to give way to speculation of that event to occur.
We have been told that both parties are dedicated to work together for many years to come, to doubt this determination derived from the fact that Monash, as of yet, has not transferred funds to management, might be short sighted.
As I see it, Monash waited for ALDP green light indications of a successful application before committing.
This green light might only be 2 to 3 weeks away.
Management stated that the submission was very successful, with the support of the ARUP, which preferred to be paid in shares rather than in cash ( what a give away that is ).
If the world leader in its field supports the submission after overseeing the engineering work for the DFT, it conveys strong confidence.
Market is focussed on Monash delays and overlooks the larger picture developing.
ESI is a classic example of a delayed market reaction when confidentiality clauses are in effect, forcing management to withhold information until negotiations, in this case official statements, are concluded or in place.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.04M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $29.22K | 9.74M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2634235 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 16587003 | 34 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2634235 | 0.003 |
35 | 72583549 | 0.002 |
22 | 57939054 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 16587003 | 34 |
0.005 | 9992003 | 17 |
0.006 | 2618000 | 4 |
0.007 | 428500 | 1 |
0.010 | 133333 | 1 |
Last trade - 11.31am 22/07/2025 (20 minute delay) ? |
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