I try and compare EVS to other companies. Z1P comes to mind. EVS expected to make 0.6 cents on my broking site 2023. Zip expected to make 0.3cents 2023. Z1P hit $14.53 16/2/21 and current SP correcting as it has reasonably high borrowings possibly impacting sentiment. Should both companies meet their targets I think I’d prefer to be invested in EVS. I know this may be a simplistic way to view things but EVS isn’t carrying the debt burden that some of these other Tech stocks are hence my decision to invest in EVS. To me EVS is in it’s infancy despite being around for quite some time. With a pick up in targeted sales hopefully we see profitability by the end of FY allaying market fears. EVS may be being caught up in broader Tech sell off reality is we are all just speculating. Results are in the open, new CEO, Peter White is still in the wings for smooth transition.
EVS Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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