LU7 4.76% 1.0¢ lithium universe limited

Frustrating, page-13

  1. 1,508 Posts.
    lightbulb Created with Sketch. 214
    Hey Trevor,

    You will find that the majority of people ramping this stock seem to be ramping on hope and seem to be off with the fairies when it comes to the main part of a company's longevity .. income.

    Actual income for ESH seems to be glossed over in the hope/dreams that just adding more hubs or signing more partnerships will increase income to an exponential level. Heck they have even used the term "explosive growth when talking about income" yet the evidence shows to the contrary. The only thing that is keeping ESH alive at the moment is CR after CR.

    I can't find any info on how many paying subscribers ESH actually has. There seems to be a handful of tournaments running every week where you may see 30 to 40 people registering for VIP tournaments which is a far cry from the 110,000 subscribers (assuming they get $3 AUD from every registration) needed at minimum just to pay for costs at current levels not to mention increased costs in the future.

    This may turnaround but its going to take a long while to happen. Yo don't just gain 30,000 subscribers overnight and if you do you will probably be paying a considerable amount of that income to a partnership arrangement.

    If anyone has the actual numbers of registered paying users (not the 2million registered free) let me know.
 
watchlist Created with Sketch. Add LU7 (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
-0.001(4.76%)
Mkt cap ! $5.939M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $56.46K 5.644M

Buyers (Bids)

No. Vol. Price($)
19 5930767 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 78756 1
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
LU7 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.