Please if you want anyone to listen you NEED to provide evidence not statements I have said this many times on HC over many stocks.
Firstly R&D rebate/ tax rate benefit is Income right? they are only following auditing guidelines.
Lets look at 30 June 2014 and in saying this we have seen many new contracts since this date....even without the R&D benefit the company made $228k. See below.
Also Envirosuite 2.0 was in a R&D phase which obviously requires top quality people specialising in the field and they cost money.
Envirosuite 2.0 is moving into the growth phase....lower/ minimal R&D costs and growth of revenue's to occur - hence all the buying of the stock people are realizing a near term re-rate of the company is likely, would only take one big contract overseas to see this stock re-rate much further and IMO there could well be many of these coming in the near future
I would expect exponential growth also from Envirosuite 2.0.
Then we have this comment below - Pretty clear what's next IMO
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Last
5.6¢ |
Change
0.005(9.80%) |
Mkt cap ! $99.87M |
Open | High | Low | Value | Volume |
5.0¢ | 5.6¢ | 5.0¢ | $19.14K | 373.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 75390 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 17637 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 28/11/2024 (20 minute delay) ? |
EVS (ASX) Chart |