PEH closing 14.5c is a great end to the week. charts are looking great.
I've been researching and IMO I believe we will be getting an announcement regarding further overseas contracts and or partnerships soon enough.
extracts from last announcement dated 21st September 2015: -
Company continues to pursue international sales growth of EnviroSuite 2.0 with a solid client pipeline in place
Furthermore, the Company has built a
strong international sales pipeline to accelerate the roll out EnviroSuite 2.0 over the
coming
months.
Commenting on selection for the competition,
Peter White, CEO of Pacific Environment, said:
“Having recently launched EnviroSuite 2.0, we are delighted to be selected as a finalist in the 2015 Technologies Competition.
We have
seen strong interest in our cloud-based technology, both locally and internationally, and this provides strongvalidation of that progress.
We have a clear and focused commercialisation strategy and have
a number of opportunities ahead of us through
international partnerships and sales, as we step into an exciting next phase of
growth and expansion.”
with only 135 million shares on issue and a market cap of 19.5 mill at 14.5c, I see PEH going a long way. I'm in this for a while good luck to all holders. next week we should see some further upswings judging from the charts. see below charts (3 month and 6 months) showing 2 things:
1. the sideways consolidation for the last 2 months and;
2. the new uptrend that has begun
3. resistance is at 15c and the 16c. if we close above 16c I see a breakout to next resistance level at 18.5c. In saying this a solid contract will see this move very quick.
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