UUV 25.0% 0.3¢ uuv aquabotix ltd

Ann: Half Yearly Report and Accounts, page-6

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  1. 14,658 Posts.
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    Need to await the uptrend and turnaround here.
    At present , for those that held from the outset, they are down say 45%.
    No doubt there will be some point soon with new orders and announcements where value starts to arrive.

    From then, it can snowball with marketing and tech shows and general acceptance of the value of the acqua drone.
    I can see it, and as one of the revues stated, the acquabotix virtually paid for itself after a few uses based on the enormous expense using professional divers.

    For the underwater oil and gas pipeline businesses, this device must be gold. It just takes a little time for practices to change , I am sure the company would be doing demonstration trials constantly to get the product trialled.

    This would obviously lead to higher costs, but once this turns into sales, suddenly it's the new standard and quickly becomes the issue of keeping up with demand.

    Anyway, plenty to come for patient holders IMO.
    Last edited by Oscar09: 29/07/17
 
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