A year or two ago SCIDEV, a water treatment company started to lift its revenues and profits from normal engineering operations and the market started to take notice, lifting it's share price from 20 cents to 60 cents.
So revenue and profits will not go unnoticed. In the meantime they have the profitability to work on the annuity income stream and the biggest prize, a 30 year deal to provide services to the CSG industry with some big players.
I think the market will get a whiff of this and realise that now is the time to be invested and potentially enjoy the multi-bagger gains that comes from taking the jump early and sitting on your hands.
All my opinion of course but seen it time and time again.
We know that Bahay's interests are aligned to ours with his 200m plus shares, so we also know what is going to motivate him, not the run from 1-2 cents, but the run from 1-20 cents.
Mr M.
PWN Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)