What I see in this announcement is that finally SDV is developing some good international connections. It does seem the market thry operate in is very competitive. They have a unique set of chemicals but they must first displace incumbent suppliers by convincing respective clients that THEIR solution is superior. Over time it seem to me that most contracts are fairly small , in the scale of things. Also quite short in duration. eg contracts with sales value around $4M and length of engagement only a few months or maybe b/w 2 and 4 years. Thus, they will require many contracts in order to develop into a larger company. Getting contracts outside Aus is good b/c hopefully they can convince enough big users to view SDV as the "go to " company when clean up or operational effiiciency needs to be found. They may finally have commenced on this path to relevance. I have re-entered after a brief absence from the register.
SDV Price at posting:
25.5¢ Sentiment: Hold Disclosure: Held
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