· We believe that the water/wastewater business plus cash in bank have
a combined value of $0.40 per share. Clearly, the market is not valuing
future EnersludgeTM revenue at all, and is discounting the value of the
water/wastewater business because of the costs of marketing
EnersludgeTM.
· The "blue sky" of ESI derives from EnersludgeTM revenue, . As this
revenue becomes closer to being realised, we will review our
recommendation but at the present time, we recommend ESI as a Hold.
Once EnersludgeTM revenue begins to flow in, the company should be
re-rated closer to our estimated long term value of $0.70 per share
ESI...Hartley's report
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $37.75M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $65.21K | 2.885M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 672973 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 600000 | 2 |
View Market Depth
| Last trade - 16.10pm 20/05/2022 (20 minute delay) ? |
 (live)
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Last
2.2¢ |
Change
0.001 ( 4.76 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 1061035 | ||
| Last updated 15.13pm 20/05/2022 (live) ? | |||||
| ECT (ASX) Chart |