Asked AI using Australian slang if Elsight was currently a good investment opportunity. (ps noticed this used on other stocks)
Elsight (ASX: ELS) has been makin’ waves lately, mate — and it’s not just a bit of a flutter. The stock’s been on a ripper run, up over 300% year-to-date, and just landed a US$5.08 million contract with a big-name drone outfit. That’s a fair dinkum boost to their revenue outlook. Here’s the lay of the land:-
Share Price: Currently sittin’ around $1.93, with a 52-week low of $0.29 — that’s a bonza climb.
- Tech Focus: Their Halo system powers BVLOS drone connectivity, which is hot property in defense, mining, and emergency services.
- Revenue Model: They’re makin’ coin from hardware, data usage, and service agreements — not just a one-off sale.
- Volatility: She’s a bit of a wild ride — weekly price swings around 17%, which is higher than most Aussie stocks.
- Dividends: Zip. Nada. Not a sausage. So if you’re chasin’ income, this one’s not your cup of tea.So, is it a good investment? If you’re keen on growth and don’t mind a bit of risk, Elsight could be a bloody exciting punt. But if you’re after steady-as-she-goes returns, you might wanna give it a miss.
Cheers
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