EVS 1.92% 5.1¢ envirosuite limited

Investor Roadshow, page-8

  1. 478 Posts.
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    The last time we saw a CR the ride / level-out from the 9c mark upwards that followed showed churn at 13c, 15c and 18c before getting into the 20s.

    We might see similar action on the way up. For traders its every cent movement is like 8%, which is pretty good for them, additionally if anyone needs cash we may see weak hands as they make 30-50% on the way up and feel they'd need the cash along the way.

    All of this adds to the movement, but ultimately it should still go slowly upwards, and then very quickly once it breaks technicals proper and gets some visibility.
 
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