LU7 21.4% 1.7¢ lithium universe limited

If things are looking up why is the share price going down?, page-2

  1. 1,508 Posts.
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    Now that ESH has enough funds for roughly the next 12months, management have said the money is going to be used to speed up monetisation.

    As people know the income from 2018 wasn't anything to talk about although we were informed that this was all development time to build the platform and services required. This platform i believe was first tested at silver slam and then ESH were hosting the APEX tournament however for the 3Qtrs in 2019 the total income was barely 50K.

    So how long do people think it will take for the company to generate enough income that it can put the figure on the front page of an announcement rather than hiding it in the back pages?

    As other forum members have said things are in place for this company to grow and for it to grow it needs to be able to stand on its on two feet at some point.

    How far away is ESH from being able to have income figures at the front and centre of its announcements?
 
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