I agree @Happyinvestor57 , I believe we'll have some resistance around 15, 18, 20 & 24 cents given our history of these price points in the past but hopefully some well placed announcement timing and maintaining a positive outlook/potential will minimise these stagnation points.
The overall feel of the announcements and branding has changed, which I am a big fan of. The narrative is more confident and shows a bigger self belief which is always nice and if they are already putting the effort into this much rebranding for ASX announcements it shouldn't be too long before the public face also gets an uplift with some of this confidence to be put on display, ultimately attracting new investors and making the frontline salespoint easier too.
Excited to see further automation of the EMS purchase with further cost reductions there over the next 12 months, meaning we should see some real gains as we grow in the right direction on both fronts with overheads reduced and ARR increasing.
Not so sure about the last of the capital raises though, I feel there is at least one more acquisition on the horizon before real consolidation takes place with EVS being turned into a self propelling expert in this field. e.g. I'd like to see them branch out into environmental energy monitoring too which shouldn't be such a reach given their capabilities so far in air/noise pollution etc. such as applying the tech to wind, solar and rainfall/water levels for hydro etc. capitalising on the push for more green energy and being at the forefront of predictive/monitoring services in this space too.
Either way I think over the next 12 months we will be looking at a different company in a positive way.
EVS Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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