That would imply a market cap of 130m. Not sure if this is realistic despite the promise of the products, fact is that real cash flows are a while away. I liken ESI to SHE (Stonehenge Metals) who are currently testing their Protean Wave Energy Converter – market cap has been hovering around 30 to 50m. I can only see a sharp incline of share price once ESI finalises successful testing and commercialisation. Market sentiment can cause an initial spike but the ESI journey will not be a matter of months but years.
Brilliant!, page-32
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Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $7 | 2.454K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 18738002 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12408157 | 22 |
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