REM remsense technologies limited

Ann: Chairman's Address - 2024 AGM, page-15

  1. 4,369 Posts.
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    Not investment advice, but here are the key points I considered when I invested:
    - They operate in the Digital Twin space, which you clearly like if invested in 3DP (I was a holder early doors there too)
    - Their market cap is only $5m
    - Chevron is their biggest customer and has the potential to spend their market cap $5m with them annually through the Master Services Agreement
    - They have relationships and work with other big business like BHP and operate in the drone space, so not a one trick pony.
    - They will be cash flow positive this quarter and despite some lumpiness, this should be a trend moving forward

    Anyway, I think there is good upside, definitely in the short term and will give them time to see what long term strategy looks like.
    Definitely not investment advice.


 
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