ESE 0.00% 1.8¢ esense-lab ltd

Terpene Market Getting Hot

  1. 17,843 Posts.
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    (Firstly - this IS NOT A CROSS PROMO - so get that out of your heads)

    Ok - so I got it wrong when thinking CPH were doing a deal with ESE b/c of the wording of their Suspension Request.

    However.. given CPH have now also entered the terpene market & ESE are the clear market leaders, I think things are going to get very exciting for ESE.

    It shines a light on the great things ESE are doing & the attention to the deal will attract investors to ESE given how bullish the commentary on the announcement is about the industry.

    upload_2017-11-28_12-50-18.png

    ESE has just done a JV deal with MMJ & they are looking to secure recurring revenue from sales of 1200 litres per annum within the next couple of months (company presentation, slide 5 - 17-Oct release)

    This may finally be the re-rate trigger ESE was waiting for... industry wide validation that they are on a winner.
    Last edited by Wise_One: 28/11/17
 
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