How I meant 'junk stock' was a stock in a perpetually unprofitable company. By 'junk stock' I did not mean that a company is necessarily corrupt, misleading or even that it has an unsound product. I would suggest that ELS, as far as I can tell, is none of those three above categories. But will ELS forever be unprofitable? Hmm.. Will ELS management give guidance on the anticipated runway to profitability? Were they to do that, they would be wise to give a window of optimistic, pessimistic and realistic estimates, as they don't control outcomes/the future.
Elsight - a junk stock? ELS profitable...ever?, page-11
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Last
45.5¢ |
Change
0.015(3.41%) |
Mkt cap ! $68.83M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.5¢ | 44.0¢ | $12.26K | 27.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45977 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 5000 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ELS (ASX) Chart |