EVS 3.64% 5.3¢ envirosuite limited

Ann: Sales update, page-60

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,597 Posts.
    lightbulb Created with Sketch. 121
    Yeah I don't really stick to any sector!!

    Your example above is exactly why I haven't jumped in yet. I think you are being generous with $300k a month, considering they signed more existing customers (12) than new customers (10). If you are being truly conservative, I don't think you can attribute more than $250k a month to new customers at this point, so next year they need to double it to $500k a month to reach their $12m target. 

    That is definitely possible and they will probably get some uplift next year by expanding existing customers and they might overshoot this year to make next year easier for themselves, but I have seen other small caps promise the world and then disappoint, the market really punishes those stocks. I am just flagging that as a risk, as it is one that I am considering. 
 
watchlist Created with Sketch. Add EVS (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 15.56pm 22/11/2024 (20 minute delay) ?
EVS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.