At 10c I thought this was a steal, at 7.5c I believe it's dirt cheap. We have no reason to believe that the Thames contract won't be extended based on commentary from the company, being able to use this as a commercial case study will be a major help in penetrating the wastewater market in the UK and beyond. Many are seeing this as the company maker.
The libelium partnership is longer term for tech development with Lidar. Will provide more accurate modelling and strengthen Envirosuite. Not anticipating any big news from that soon, I'm thinking HDR will be a big player for the company in terms of sales.
I, like most of us, would love an update about Thames. Until then I think we will have to tolerate this depressed price... Or, at least, until whoever it is filling their pockets is finished.
They are also in LA with the government trial for air quality.
I was watching today with a buyer taking out 85k shares upto 8.3. It was almost immediately hit with 2 sells, 150k worth in a cross trade. 300k was then placed on the sell at 8c to hold it. This vanished at close. Certainly interesting. I may be clutching at straws here but hey.....
Would love to hear others thoughts on everything.
Good luck to all.
EVS Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
