roadshows and more deals...here and there, page-34

andrew r ,

Current market movt v esi sp ???

Not a real good analogy mate.

That sort of analogy will only frustrate you further.

There is no beta wave link,,, market to esi wise.

Therefore ASX movt to esi sp movt has very tenuous links at best.

There are other tenuous links that you need to research also ( referred to later in this post )

They have no income.

They are about to announce a 2c spp.

Without a done deal, the sp has all the usual (including old school) dynamics pushing and pulling on it, compounded by the current mkt sentiment....

If it had have been a 3.2c spp then you could guess where the sp would be now........

This co has been thru the wringer, due in part to mutual self absorption. ( thanks to old school cancer and their shop front )

Once esi is an income producing concern,, then you should see a fundamental correlation between relevant sector movt and esi's sp.

The technology is not rocket science, but it is patented.

IP security ( Coldry ) is one thing, but income is another.

Until then,,,it's about legally warranting IP security and cap ex i.m., then spp, then closing deals well within time lines of capital reserve strategies, and, in tandem with continual stabilization of the register thru roadshow/insto backing and a little register chemotherapy.

For the sp to move on fundamentals ,,,,ESI must close a deal. Q E D .

No amount of hoa's will cause the sp to break out in this mkt.

So....the $64,000 question is :

Do you research then speculate at around 2c with probable deals,,,or fundamentally invest at around 10c with done deals ?

Either way, it won't move in parallel to the mkt, which seems to be one of the frustrations that you express.

Fiori seems to be the enigma factor you need to research.

Hope this helps.

RD