Do u feel like it'll turn around cause there's something promising happening or is it just wishful thinking because your staring at a big paper loss?
As for shares being Bought, that happens for every company even when the price is crashing, people are buying, it's the only way the price moves. Think of all the microchips that have crashed down to 0. The problem with ESH is that there's only 5 price levels left. There's still no way to justify the 16 million dollar market cap. Fair price given what we know is at most .003 even that's abit high. It's sad to think but we looking at a microchip company who's got a high cash burn rate, no CEO and barely if any full time workers. All the directors have other interests and priorities. Even the mighty Queen Kate Vale, first of her name, protector of the ASX is a director on a range of company's, all of which are more successful and are getting more attention than mogul.
I sold about 70% of the stake because no matter how hard I tried to justify this company turned around there's not a single shred of evidence that anything is in the works or that anyone cares
- Forums
- ASX - By Stock
- 3c Party - 2022 Buy & Build Strategy
Do u feel like it'll turn around cause there's something...
-
- There are more pages in this discussion • 218 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LU7 (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $7.126M |
Open | High | Low | Value | Volume |
1.1¢ | 1.3¢ | 1.1¢ | $65.06K | 5.276M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 663333 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 550000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 663333 | 0.012 |
6 | 1890908 | 0.011 |
25 | 4375416 | 0.010 |
4 | 785333 | 0.009 |
6 | 993215 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 550000 | 2 |
0.014 | 768000 | 2 |
0.015 | 480000 | 2 |
0.016 | 395159 | 3 |
0.017 | 2426866 | 1 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
LU7 (ASX) Chart |