ESK 0.00% 19.0¢ etherstack plc

Bought on the % increase, page-270

  1. 5,980 Posts.
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    Todays volume at only 30% of yesterdays is positive

    The stock spiked early when heavy volume hit this morning so any larger buyer would have taken a rest.

    The best news for me was when it did pull right back it could of closed int he red , but did not and to close towards the afternoon high suggests longer term buying is now occurring.

    The key is further news on roll out with Samsung and if there is any other major deal in the wings.

    Is Samsung the big ticket item or is the "other major deal " the big one, noting his comments suggested the deals were major revenue generating not just blue sky.

    CEO commented

    New Technology Licensing Deals:

    The Company is at advanced stages of negotiation on two new technology licensing deals that will provide material revenue during H2 2020.
 
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