ELS 2.13% 46.0¢ elsight limited

looking at the breakdown of use of funds from the raise the...

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    looking at the breakdown of use of funds from the raise the majority of funds raised were NOT for inventory.

    only $3.5m of funds used to fund inventory/sales with the rest going to product development and other things.

    begs the question why you would raise so much capital when there are no deals in the pipeline, clearly given we're almost 2 months post raise and we've had radio silence.
    https://hotcopper.com.au/data/attachments/2874/2874715-198037c5dc55b4ad43409309be8c1d1c.jpg
 
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