"We are months away, not weeks."
Therein lies the medium risk of staying invested in ESI.
The Monash money does not look like it is coming.
So they will need to keep issuing script at discount just to keep paying their rent.
That stock keeps finding its way onto the sell depth.
This will continue to spiral IMO.
As high risk as you get IMO.
Should they get their funding....the risk profile changes considerably.
What we are seeing daily, is holders taking risk off the table.
I am a buyer once ALL funding is committed and received.
Until then....
Lets see where the next 3 months takes us.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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58 | 28938443 | 0.002 |
26 | 36026033 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.004 | 9510488 | 13 |
0.005 | 5366335 | 29 |
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