Agree a disappointing 2025, but circa $100m revenue not terrible.
Next FY a big one, as looking to turn US/Europe first contracts into larger project awards, and first substantial revenue from WT international markets.
Hopefully we get a few Australian contract awards in next 6 months, as agree has been quiet in that regard.
Ultimately a circa 10% drop in annual revenue shouldn’t equate to a 45% drop in SP. Broader market conditions have to be taken into consideration.
We do need a transparent update from the board on performance. Not enough available info for shareholders.
SDV Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
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