ESN 0.00% 1.6¢ entellect limited

Odyssey,"The first hint of revenue/earnings from ESN will...

  1. 959 Posts.
    Odyssey,

    "The first hint of revenue/earnings from ESN will validate it's business model and I suggest the price will move accordingly."

    Exactly the point I'm making.

    ESN:
    "No income reported yet so the market is heavily discounting the company, however app has recently gone live and the PTA push is about to begin and revenues should start flowing shortly"

    MKB:
    "Has income - $2.4M for last quarter, although still made a loss of $1.5M, but validates the business model and de-risks it. The market is willing to give MKB big value because the revenue is validating the business model"


    Also, in my second-from-top post, it should say "market cap" instead of "market vap"!

    Cheers.
 
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