ELS 5.49% 48.0¢ elsight limited

Ann: Corporate update, page-2

  1. 395 Posts.
    lightbulb Created with Sketch. 39

    Elsight Limited (ASX: ELS) (‘Elsight Ltd, ‘Elsight’ or ‘the Company’),

    Corporate update

    advanced communication technologies for real-time data, video, and audio transmission over cellular

    an ASX-listed company that develops

    networks in mission-critical environments, wishes to update the market on an important development

    related to the current rights issue announced on 16 November 2020.

    The Company wishes to announce that founder and major shareholder, Mr Nir **ay has applied to invest

    approximately A$1.35m, in the rights issue.

    Mr **ay resigned as CEO in October for personal reasons, but remains an important member of the

    Elsight family as an advisor and major shareholder. The fact that Mr **ay has applied for this quantum of

    shares and wishes to maintain his shareholding is very positive for the Company and is a strong reflection

    on the positive outlook for the Company as it begins to demonstrate commercial traction for Halo in a

    number of exciting vertical markets.

 
watchlist Created with Sketch. Add ELS (ASX) to my watchlist
(20min delay)
Last
48.0¢
Change
0.025(5.49%)
Mkt cap ! $72.61M
Open High Low Value Volume
46.0¢ 49.5¢ 46.0¢ $40.33K 84.65K

Buyers (Bids)

No. Vol. Price($)
2 50000 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.0¢ 88773 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
ELS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.