ESI has only released one REAL announcement in the past 2...

ESI has only released one REAL announcement in the past 2 years...which resulted in a re-rating...and that was the IP acquisition.

All other announcements/milestones pre and post the IP announcement have not been significant enough to shake up the share price and bring on Insto support...afterall...without Insto support no company can sustain a rising share price.

The next announcement - due any day will be the NEXT major announcement/achievement for ESI that will/should offer us another re-rating...and that is the SPV establishment and FS funding.

I doubt Instos will jump on board - following this announcement but when the FS is completed and a successful FS result is achieved, ESI will no longer be a HC stock and/or a P/D stock...because Instos will be all over it!

Happy to sit back and watch this story unfold over the next 3-6 months.