GREY:ESPAF - Post by User
Comment by
luberonon Jun 27, 2015 9:53am
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Post# 23873872
RE:Not many green days since the equity raise
RE:Not many green days since the equity raiseHopefully you're correct - incidentally I note that over half of the volume on the TSX was a 300k share cross by Mackie.
Positive momentum may not return until there is some news of substance - either containing some numbers that analysts can crunch or highliting Espial's technical offering(s).
In the context of the latter, surely the time is fast approaching for some public noise about the launch of our NA Tier1 client's state-of-the-art offering which was scheduled for 2H 2015. On just every quarterly call, Espial has responded by saying that they can't identify the client or talk about the project details until the client does its official launch.
H2 does start this coming Wednesday so we can hope but summer may not be the best time for such a launch.