ELS 2.13% 46.0¢ elsight limited

Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-9

  1. 652 Posts.
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    what would you do it we enter into Xmas markets and FAA is delayed just two weeks (every stock i own always hit these unexpected delays ) for example and then we get the old it Xmas time so nothing happens approval wise until start FEB now being a Govt department and manufacturing closes down for Jan and for example Kinetix and Alrena order say just 1 mio US worth between them od Halo ...ELS is looking at a cash position or around 1.2 mio in the bank knowing that the have receivables towards the end of the quarter and you cant supply you first two decent repeat orders .... not even considering anything else that might come between today and say end of Jan... i hear your point about the discount but hey as a shareholder from the ipo and i have been thru all the ups and downs this a key turning point for me ... tech down ... testing done... approvals done and more to come .... repeat orders starter .... new poc tick.....staff management changes for the next step... done the only piece of the puzzle left is funding and hey they have now ask me and other shareholders to fund them and offered that to me and you at 45 cents ... big discount agree but maybe their way or rewarding existing shareholders either way 45 -48 -52 cents at teh end of it they will have close to 10 mio in the bank and money coming in over the quarter ... i think if we could look forward to say March there will be a lot of people reflecting on this opportunity to top up their holding and happy the did
 
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