Very interesting trading today. “Gappedup” from yesterday’s...

Very interesting trading today. “Gapped
up” from yesterday’s close and closed
on its high for the day on significant
volume. I’d say that’s a pretty bullish
statement and an edorsement from
the market on a day when the market was
heavily sold off across the board. Clearly
someone wants in on what could now be the
ground floor. EVS was heavily sold off in the
Covid panic stock market crash due to fear
of negative earnings impact. Six months on
and management has proactively addressed
market concerns, articulated its way forwards
and bedded down a significant game changing
acquisition. Very low debt and forecast earnings
growth to neutral in March quarter next year make
EVS an attractive proposition for new investors looking
for growth potential and value. Potential for EVS going
forwards is absolutely enormous and small pockets of
the market looking for undervalued companies appear
to be beginning to take notice.