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I would suggest you find out where is the $13m going in only one...

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Sky3g

66 Posts.

21/08/18

22:48

Post #: 35078147
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Originally posted by Capital Raising ↑

I actually think this is a good thing they are raising so much. Only because they are actually finally making plenty of sales. I would like them to be well funded enough to aggressively market and go after new clients. Try to get embedded in to as many of these opportunities as early as possible before more competitors emerge. Because software like this once it is embedded in an organisation tends to stick. We could be looking at something like aconex in a few years, in the hundreds of millions in market cap. Yes they raised cheaper than they should have, and yes they ramped up into it. But it was clear for everyone to see that was what they were doing. lots of announcements, insto roadshow, advertising on hot copper. This is a great stock to hold long term now I think. I have been an active trader of it because of the news announcement spikes and cap raisings. But at 7.5 cents I am all in for the hold now.

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I would suggest you find out where is the $13m going in only one year (maybe need to add couple million revenue) before you feel good.

EVS Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.6¢		Change 0.000(0.00%)		Mkt cap ! $99.87M

Open	High	Low	Value	Volume
5.5¢	5.6¢	5.5¢	$1.011K	18.37K

Buyers (Bids)

No.	Vol.	Price($)
3	75390	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	20343	2

View Market Depth

No.	Vol.	Price($)
2	31009	0.160
1	74247	0.155
10	742532	0.150
7	544595	0.145
4	319049	0.140

Price($)	Vol.	No.
0.165	126720	2
0.170	625000	3
0.175	120000	1
0.180	68832	2
0.185	140908	2

Last trade - 16.10pm 29/11/2024 (20 minute delay)

EVS (ASX) Chart