ESI to rise. FA.
Stock has been waiting on ann regarding funding from Monash for last month; its due next week. Only yesterday we were given an ann there were some hold-up but the wording does sound like they might just squeeze it in. Regardless, Monash have upped the stakes by preparing a contingency plan to ensure that funding for the planning phase goes through. So it could be seen as a win win. ANN here:
http://hotcopper.com.au/post_single.asp?fid=1&tid=1787609&msgid=10388687
From a technical perspective, if they fail to deliver we could see the sp drop. Fingers crossed
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