ELS
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2.38% 41.0¢ elsight limited

Ann: Quarterly Activity Report and Appendix 4C, page-4

  1. hotcopinvestor
    2,659 Posts.
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    27/07/23
    10:00
    Post #: 69007049


    From the report

    8.5 Estimated quarters of funding available (item 8.4 divided byitem 8.1) = 5.5 (3.9 mill avail)

    Question for management is , do they think incoming receipts will increase enough to avoid having less than 2 quarters of operating expenditure available?

    I think one more cap raise is on the table irrespective of sales.


    ELS Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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