ELS 5.00% 38.0¢ elsight limited

Ann: Annual Report to shareholders, page-2

  1. 18,787 Posts.
    lightbulb Created with Sketch. 152
    Also going the MOB route? I see they have set up a US subsidiary.
    'IPO' on the Nasdaq as an ADR next to recap?
    Then if they delist on the ASX shortly afterward not only can you make a killing shorting it in the lead up, but it's a glorious future as an ADR: raise any amount of capital you want (no restrictions apart from double dipping within 90 days), no shareholder rights to worry about, no bother with quarterly reporting and no need even for audited financial statements! Plus a sweet deal with a custodian where they can clean up 1.25 US Cents PER ADR SHARE in an admin fee every 4 months... Seems hard to resist?
 
watchlist Created with Sketch. Add ELS (ASX) to my watchlist
(20min delay)
Last
38.0¢
Change
-0.020(5.00%)
Mkt cap ! $57.29M
Open High Low Value Volume
40.5¢ 41.0¢ 38.0¢ $35.37K 90.01K

Buyers (Bids)

No. Vol. Price($)
1 22642 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.5¢ 19666 1
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
38.5¢
  Change
-0.020 ( 3.75 %)
Open High Low Volume
40.5¢ 40.5¢ 38.5¢ 15221
Last updated 14.29pm 10/05/2024 ?
ELS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.