No I don't think so - all/most of the green energy, CO2 remediation etc stocks are getting all the press/attention BUT as you know, recycling water will get it's day in the sun soon enough OR maybe to late, I hope not.
CNQ has such an amazing patented suite of water related products, that in many cases appear to be best in class, it is difficult to see how they can not get traction if they stick to it.
My concern is how FAST they have chewed through the post spin-off cash, hopefully it has set them up for some serious cash flow & they don't burn this last insto CR $$ so quickly.
I have had 2x small average down buys under 40c also so we may both end up in the looney bin together !!
Sept quarter 2021 - 1st quarterly post merger: - A$13.7 Mil Sept quarter 2022 ----------------------------------- -A$3.3 Mil & that is with approx A$5.7 Mil income
So they have burnt approx A$15 Mil in 1 year
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CNQ Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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