ELS 5.45% 52.0¢ elsight limited

quarterly, page-3

  1. 77 Posts.
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    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.
    https://hotcopper.com.au/data/attachments/5924/5924276-cdf679331ff023e7dca96686d3cb07bf.jpg
 
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Last
52.0¢
Change
-0.030(5.45%)
Mkt cap ! $78.54M
Open High Low Value Volume
55.0¢ 55.0¢ 52.0¢ $54.60K 103.4K

Buyers (Bids)

No. Vol. Price($)
1 999 52.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.0¢ 9181 2
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
51.5¢
  Change
-0.030 ( 3.74 %)
Open High Low Volume
53.5¢ 54.0¢ 51.5¢ 52656
Last updated 15.59pm 14/06/2024 ?
ELS (ASX) Chart
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