Junk stock? I don't understand how you could come to this conclusion. certainly ELS has only one string in th bow, yet its pretty innovative tech and has only just begun to market the product. Its not prospective as they've already done the concept analysis, design and development - its not as if they've just launched a concept.
I believe this co is on the wave and increased cost of sales/marketing is understandable and a necessary progression to turning a profit.
Elsight - a junk stock? ELS profitable...ever?, page-2
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $68.98M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 45.5¢ | $920 | 2.001K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 5500 | 1 |
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| Last trade - 10.24am 05/11/2024 (20 minute delay) ? |
| ELS (ASX) Chart |