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1031ESI has a 95% chance of receiving a grant from the...

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    1031

    ESI has a 95% chance of receiving a grant from the government for free and without dilution. We think the amount will be between $15m and $40m. What is that going to do to the share price?

    You say ESI is a sell? How much lower can it go? What do you base this on?

    Do you really know what $40m will do to the share price given that the MC is currently $13m? When Monash pumps another $6m, what do you think that will do to the SP?
 
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