EVS - valuations, page-18

I agree. I think their entry to the smart city sector has (and will be) a huge win. The market realises this as well. If we take a look back to 16 May 2018, the SP opened at 4.7c to an announcement that EVS had signed their first contract in the middle east region for a city wide odour monitoring and management system. The SP jumped 65% and ended up closing at 6.8c. It was the start of the recent growth we've seen.

Last year EVS posted their Q3 update (a sales update) on 9 April 2018. By this timing, we might see the next announcement fairly soon.