Usually a P&D is based on nothing, just rumor and hype. With ESI, we have a clear goal i.e. DFT in October and a number of stated initiatives i.e. Monash Capital Funding, agreements with K-Coal, Tincom etc., demo plant funding, application for Government grant etc. etc.
The problem at the moment is that the market does not believe any of this even though it is not hype. It is a clear direction as stated by the board. The $64 question is how much of what the board says will become fact? Time will tell...
challenge, page-25
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0.2¢ |
Change
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Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1K | 500.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 31059092 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 13998593 | 32 |
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| ECT (ASX) Chart |