Thanks for your comments and appreciate the openness. Your 'high growth tech stock' comment is fair. I remember the earlier days of EVS too when they had set targets to double ARR to $6m in 2018-19 and double again to $12m in 2019-20 and were at $5.1m arr at 31 Jan 2019. A lot of change has happened since then! Particularly the decision to reverse takeover EMS.
I've been in and out of EVS and entered again in June when prices were below 10c. I agree that this was the time EVS was crazy cheap. Timing does matter when it comes to investing in the share market. EVS Water is the unknown at this stage. It's a bit too early to tell how the proof on concept projects underway will lead to making in roads against the defined $2.8b SAM. EVS Omnis is just getting started and there's every chance they can continue the 30% growth in this segment, especially in the US. I think 6x psr is reasonable for it.
I'll take a look at PPL for comparison.
EVS Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
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