FY17 report showed nearly $1M spent in advertising and promotions. Even the last quarterly showed cash outflow in advertising; how else the beta platforms could get players???
There are players - just very very few. Looking at it; it is very hard to monetize from those players.
It is not about low price - it's about whether it can make money and whether there's value in investing or not.
Is ESH worth $25M? Not in my opinion.
At the moment; lots of people hyping it up but numbers shown are not encourging.
The asian servers are online; anyone can join. Go see for yourself.
Company Valuation, page-45
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $8.314M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $18.54K | 1.296M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1298732 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 100000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |