SP3 0.00% 1.9¢ spectur limited

Ann: 2018 AGM Presentation, page-11

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  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    Neither LIDAR or gas leak was on anyone’s mind

    They weren’t contributing to the bottom line, they had no upside priced into the SP and were on the back burner costing us cash - this isn’t seen as much of a downer IMO

    The company can now focus on solar and thermal sales, which we can all agree, are selling rather well ! $1.1M of sales for Q3, up 40%

    They have a whopping $1.5M of inventory on hand, so they are obviously gearing up for larger orders in Q4 which is typically their biggest - remember gross profit margin now nearing 60% also !

    If they can penetrate the US markets as flagged AND become cashflow positive in the next quarter or so, we are laughing.

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