I don’t know why I’m bothering to reply to your message but 10c really? Where’d you get that figure from? 10c would be a MC around 21m the company has around 9.5m in the bank now due to individuals exercising options. So essentially the company’s intrinsic value is 12m or so? These are just rough calcs. Not to mention ESS shares in CRR are worth 3.1m, they may need to pay another 750k for Mavis.
ESS Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held