Giddyup you have mentioned the Squared Risk and that defines why we are not at 3c - and it makes perfect sense.
Squared Risk is where a company is not in control of its own achievements and that instead its achievements rely on another companies success before that success then invites the second company to also succeed. You have mentioned the other times that ESI have failed when they Square their Risk. So do you see why the the current news really amounts to a slight negative? And it also weakens our control over outcomes, as it did with the Tincom, Monash, MOU and so on that you have mentioned.
A lot of the time people answer their own questions and i think you have the answer in you but have not seen what i call the obvious weakness of the company at the moment, which is waiting on other companies green lights before we can give our own. We are still trying to find and break through into a market basically and then we will see 3c or more but until then we have to play follow the leader, which can be painful. I'm glad i wasn't invested with the other deals you mentioned, it would have been a terrible let down. For that reason i can see how speculators are mindful of being burned, while being hopeful of success.
ESI Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
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