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clock Created with Sketch. 19/06/23
17:05
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Originally posted by franco30:
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My fear with ELS was timing and cash position as the previous CEO made so many promises that were from who knows where and never delivered ?? SO much time passed while he jumped from one thing to the next dream and that someone else would emerge with similar , possibly better technology who could deliver and we would become another great piece of technology that was left behind . So while this happened the next issue would be that we run out of cash. Since then Yoav joined and things have changed . We are focused and in my opinion about to see the rewards of waiting so so so ... yes so long. We have gone from random promises and news to it is fair to say limited news/transparency which , yes is annoying and creates worry /fear but probably is an excessive correction on their part to move away from the past failures and their limited ability to release news on the ASX . WHY the ASX ? Just a function of where we are in our business cycle . Meaning still early and lots of small sales before scale and being able to announce new partnership with $$$ upfront orders that are material . It does appear we are now starting to see good growth in the RR growth which looks to have started last quarter .
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Thanks a lot
(20min delay)