ELS 6.52% 43.0¢ elsight limited

Ann: RENOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $8.15 MILLION, page-3

  1. 638 Posts.
    lightbulb Created with Sketch. 290
    Just dumped my total position

    Using funds to 'build a warchest' per the announcement, again shows a lack of maturity from management on communicating a strategy.

    Lack of detail on how the funds will help execute POs.

    Will add to my watchlist and perhaps get back in, in the new year. But I need to see some more sales momentum.
 
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