Yep agreed Minstrels. I think we’re all just waiting for EVS to pull in a hefty new contract in the water sector to move the SP from its current consolidation phase into the next leg up phase. I would expect we’ll get Q2 results anywhere between 6/1/22 and 14/1/22. May be the second week given it’s Christmas holiday season as it was the second week of Jan this year. I thought JC made mention of significant contracts in the final stages of negotiations would have seen other announcements by now that would be market sensitive…. Today’s announcement obviously hasn’t ignited the market at all as it’s just an expectation that previous contracts will be rolled over. It’s now all about landing new significant contracts in high margin areas and getting EVS water moving significantly in the right direction. I saw another company’s SP (ONE) rocket once they had their iCloud platform launch so it will be interesting to see what happens when EVS goes live. Can’t remember what the target date for that was but they recently mentioned it was tracking on time to go live. Can anyone else remember rough target timeframe?
EVS Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held
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