ESK 0.00% 20.0¢ etherstack plc

Yep - picked up another 10,500 ESK shares at 50.5 cents today,...

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    Yep - picked up another 10,500 ESK shares at 50.5 cents today, and very surprised the share price has got back to this level.

    Given the market cap is under $70m, I don't think the market understands that ESK:

    Is already growing revenues so quickly - recent half year revenue was $4.31m (79% up on PCP).
    Is already profitable - $800,000 profit for the most recent half year results.
    Is signing contracts with massive telecommunication companies (Samsung, A T & T). There could be some huge revenue growth in this area over the next few years - and therefore I would expect revenue growth to easily exceed 100% pa (probably 150% + revenue growth).
    Has signed a number of contracts with the UK Ministry of Defence, and the Australian Government.

    Will keep accumulating at these levels
    Last edited by Brett M H: 29/09/21
 
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