Ann: De.mem Secures $2.8 million Desalination Project, page-5

This campany is a long term play. Today’s weird market response actually is not that weird if you still remember last year’s 30/04/2018 announcement titled as “De.men secures $1.7m water treatment contract” concluded by big dump, maybe the dumper was related to 15/3/2018 announcement “Appendix 3B- Release of Share from Escrow”. I don’t have evidence, but it is very probable.

If history repeat itself, today’s fantastic announcement combining together with 08/04/2019 announcement “Appendix 3B-Release of Shares from Escrow” and 04/04/2019 announcement “Appendix 3B&Cleansing Notice” is expected to be sold into by some guys. Market looks shrug off today’s announcement as none.I’d say healthy shareholding structure is really important for this company.I wish we had one.

I am going to hold much longer,though I am also really disappointed with the market ignorance.
But that’s it. Someday the fundamentals will weigh in.