After someone drawing a comparison a few threads back I took a much deeper look at the journey of EMC (SP, TA, Company Anns and forum).
A company in a similar space about 4-6 months ago, who's share price seems to have jumped after locking in a couple of regional deals and distribution agreements. Our balance sheet is stronger, what we're missing is one or two of these deals locked down to help drive the momentum (plus EMC put estimated profit numbers against their releases, something I would love to see PEH start doing).
For me I think they will come off the conversion of any one of the trials we have going at the moment - personally I think we're pretty close to one of these. For EMC the alignment of really strong TA indicators over this time helped bring in punters which pushed the SP up quite quickly, it held as the company released more and more of these regional deals and distribution agreements ... this all sounds surprisingly similar...
...and that's why I think we're not seeing the destruction of the SP post cap raise, we all know how close we are, any one of these deals comes through properly and boom!!
I'm pretty excited - its only a matter of time.
EVS Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
