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25.0%

0.3¢ uuv aquabotix ltd

Same here. Happy to hold beyond 6 months.

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Wuey72

2,204 Posts.

37

29/07/17

17:02

Post #: 26160360
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Originally posted by Inferno31 ↑

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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Same here. Happy to hold beyond 6 months.

UUV Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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