Ridiculous market cap IMO at present! I assume this morning's presentation release is to highlight just this as I see they have no need for cash. Interesting and from the presentation page 7:
DEM: Excellent Leverage to Growth in Water Infrastructure Spending Company FY17 Revenue Market Capitalisation (12.3.18) Technology Market Focus
Fluence ASX: FLC A$44.0m* 12 months to 31/12/17 *(US$ 33m) A$179m Aerobic waste water treatment (MABR) Municipal waste water
CleanTeQ ASX:CLQ A$1.6 m 12 months to 30/6/17 A$722m Ion exchange Industrial waste water (mining) Phoslock Water Solutions ASX: PHK A$3.8m 12 months to 30/6/17 A$152m Chemicals to bind phosphorus Prevention of algae growth
De.mem ASXEM A$2.9m 12 months to 31/12/17 A$22m Membranes Industrial (across many sectors) & municipal/ residential water and sewage
DEM Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
EM A$2.9m 12 months to 31/12/17 A$22m Membranes Industrial (across many sectors) & municipal/ residential water and sewage
