Based on 1H21 revenue of A$18.3M, this contract represents a 3.4-4.9% increase in topline revenue alone, only a single contract.
As others have stated another quality company, and obvious proof of concept here of SDV being able to deliver value to their clients. Covid-19 bought about a massive disruption to the mining industry, which has resulted in status que in terms on change on mine sites. I expect that this will change thick and fast and expect SDV to be a beneficiary of this.
Product is proven to deliver value, otherwise they wouldn't have contracts. Exciting times ahead IMO. Have been a hold for quiet some time, sentiment changed to Buy.
SDV Price at posting:
73.0¢ Sentiment: Buy Disclosure: Held
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