UUV 25.0% 0.3¢ uuv aquabotix ltd

Ann: Half Yearly Report and Accounts, page-4

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  1. 3,251 Posts.
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    Basically looks like a startup ramping up their production and sales team expansion...... happy to hold for another six months and see how we go . The IPO was 12 weeks ago since then as I outline in my update ,management has been busy setting the manufacturing process and systems in place with new manufacturer Cirtronics, got onto the GSA schedule and now in talks with distributors .... the costs have gone up a fair bit due to staff and production costs. From the looks of it they are building up inventory in anticipation of orders. Too early to judge a company barely listed for 12 weeks from one 4C.
 
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Currently unlisted public company.

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