ELS 3.41% 45.5¢ elsight limited

Ann: Elsight's Halo selected for Drone Delivery Rollout, page-30

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    if they need funding now it wont be in the usual form of funding via some random broker in the retail market but more than likely a direct investment or cornerstone looking to secure delivery ... could be a merger as the market consolidates .... someone might even try to buy them also given pending approvals re FAA which is another consideration...

    the value of the order maybe due to a confidentiality agreement between DroneUp and us or Walmart etc which i think is fairly obvious as the ASX must have requested some form of value for the announcement to be approved .. You would think with increasing POC now ELS they would not want the price per unit broadcast across the Internet but what ever the size of this order we should see consistent orders now increasing in size after the first one is executed ..maybe a month or two to complete this integration but the pace should after that start to increase
 
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