SDV 7.00% 53.5¢ scidev ltd

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  1. 225 Posts.
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    Pretty clear some parties are getting set before this is marketed harder. Management seem pretty tight with cash as well, so don't see why people think a raise is on the horizon?

    @stormer, politely disagree with your comments around struggling to monetise one business. SciDev as a business is running nearly cash flow (if not) positive isn't it? They have contracts in dairy and coal locked in over two year periods and I assume they're working on implementing more trials and increasing sales with new customers, as well as different uses for the technology - belt press functions etc.

    Unsure if you have experience with coal mines/companies, but they're not exactly fast paced, adaptive organisations. Compliance and regulations take a while and they differ on a site by site basis, so difficult to implement blanket technology over five or six sites.

    Understand the frustration. I would love to see it trading up at higher levels, but sadly we might have to take a longer term approach.

    IMO there is still a fair bit of growth to be seen here.
 
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53.5¢
Change
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51.0¢ 53.5¢ 51.0¢ $50.02K 95.60K

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No. Vol. Price($)
2 46539 52.5¢
 

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Price($) Vol. No.
53.5¢ 4575 1
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Last trade - 13.49pm 26/11/2024 (20 minute delay) ?
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