The insistence of datadots by government regulation is not a main driver for DDT. It would of course be nice if the New Zealand compliancy ruling did come through unhindered, it would have been a good contract for DDT. But I think the subsequent legal action taken against the government shows that it is very difficult to enact a regulation that gives one company control over the technology. Therefore I dont believe government bodies will generally enact the sort of requirement that NZ specifically tried to push.
DDT wa growing nicely with deals with car companies on its own without any government compliance needs. Unfortunately the current climate has hit the car industry hard and dropping sales has also afected DDT. The deal a few days ago however shows that this market is not dead for DDT and shouldin fact still grow.
My immense interest in DDT is what its DDTs can be used for in other applications. It is pretty endless in where it can be used and this is the task for DDT management, to try and focus on those particular applications that will bear most fruit for least cost.
Trading of recent times has been very interesting to say the least.
DDT Price at posting:
2.4¢ Sentiment: None Disclosure: Held
