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1.33%

37.0¢ elsight limited

Just need the company to be profitable and start dishing out...

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fattchoi

6,587 Posts.

4327

31/01/24

15:29

Post #: 72163117
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Originally posted by Unrealeous ↑

A fantastic result - looks like they are a hares whisker away from breakeven and business is booming. Reading between the lines it looks like on a accrual accounting basis they have already made it "It is important to note... 4C report does not include some of the receivables that will be collected during Q1/24 and will improve the Company balance sheet."

Some of us have waited years for this moment - every quarter burning through cash, delays in FAA etc, and now we are at the take-off point.

I would normally like to say strap in - but it is clear from the low trading volume that very few people currently follow this stock so might take a little time to get moving. Although if it does get going, the lack of liquidity should work in our favour. Very little to buy, so it won't take much.

The technical picture also looks very promising. Perhaps a break into the mid 40's will bring it to people's attentions.

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Just need the company to be profitable and start dishing out dividend. Once that occurs, the share price will reflect accordingly. Until then, ASX wants to see the drones covering the Aussie sky before they will believe. They will always be too late to the game

ELS Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 37.0¢		Change -0.005(1.33%)		Mkt cap ! $55.78M

Open	High	Low	Value	Volume
37.5¢	37.5¢	36.0¢	$26.85K	72.86K

Buyers (Bids)

No.	Vol.	Price($)
3	12633	35.0¢

Sellers (Offers)

Price($)	Vol.	No.
37.5¢	1300	1

View Market Depth

No.	Vol.	Price($)
3	12633	0.350
2	50000	0.335
1	5000	0.330
1	1645	0.310
1	50000	0.305

Price($)	Vol.	No.
0.410	6000	1
0.420	15000	1
0.430	10242	1
0.445	3120	1
0.450	60000	2

Last trade - 14.53pm 21/05/2024 (20 minute delay)


Last 36.0¢			Change -0.005 ( 6.49 %)
Open	High		Low	Volume
36.0¢	36.0¢		36.0¢	3200
Last updated 14.59pm 21/05/2024 ?

ELS (ASX) Chart

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