The 50% rise in the SP to Friday's close at 2.4c from 1.6c on Sep. 22 has been a measured, steady, joy to behold, until signs of FOMO emerged Late in the week.
But reading this thread i can't help but think many posters are way ahead of what's going on.
Don't get me wrong, i'm dead keen to see a handsome 5 figure amount materialise in my account and help extend this long , hugely enjoyable 7 day weekend. 3+ bags, noice.
The actual SP gains will of course be determined by the terms of the tripartite agreement, the shape of the deal, revenue to ESI, timing of payments, etc, let alone macro externalities, such as the near certain rise in interest rates in the US before too long.
I confess to not checking the lists of all Indian benevolent societies but London to a brick these two companies aren't on them.
They'll be squeezing as much blood from ESI as they can.
The validation of ESI technology could be worth as much as the deal itself.
This post is about one investor's weariness about over-hyped projections that usually don't reach wild expectations.
It's money, it's India.
Good luck to all.
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