EVS 3.64% 5.3¢ envirosuite limited

I see value here and will keep nibbling when I can (have been,...

  1. 478 Posts.
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    I see value here and will keep nibbling when I can (have been, and will continue to).

    Its got hallmarks of motivated selling, no volume, taking whatever's there without waiting for the buy side to build back up, even when it looks like its about to - someone needs out.

    Which is a real shame, but will ultimately reward people who pick up at this point - very little downside from here. Nice opportunity to get average buy a bit lower.

    I have a lot of faith in this company, having held for almost two years, they're;
    - A lot more visible than they were
    - Attending more global industry events
    - Entering multiple geographic markets
    - Diversifying product offerings
    - Running a slim and knowledgeable board (no costly free riders)
    - Starting to set up a distribution network of re-sellers (low cost for them - classic tech move)
    - Ramping up sales staff to feed the pipe
    - Relocating staff to key geographic positions
    - Renamed the company to increase brand similicity
    - Running trials in key future fields
    - Have got their pitch materials sorted - they're very, very good looking
    - Redoing their website

    ... the list goes on and on. I'm happy to wait it out, as I'm sure we'll see good things from this company. I don't like whats happening with the SP, but it is presenting some good opportunities in the short term, so I will look for the upside while we wait.
 
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Last
5.3¢
Change
-0.002(3.64%)
Mkt cap ! $99.87M
Open High Low Value Volume
5.5¢ 5.5¢ 5.2¢ $251.2K 4.591M

Buyers (Bids)

No. Vol. Price($)
1 25000 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 450452 1
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Last trade - 15.56pm 22/11/2024 (20 minute delay) ?
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