DEM 0.00% 10.5¢ de.mem limited

Ann: First water treatment contract with Australian snow resort, page-5

  1. 491 Posts.
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    This contract is very important as it could be a door knocking into such a market.

    There looks the first wording of "The contract has a term of 5 years with a total value of approx. $1,000,000 in revenues and can be terminated only with cause" . I can't remember any resemblance of wording in previous BOMT contract.

    It could be due to " the first time that De.mem’s technology has been deployed in such a low temperature environment" . If the service is delivered as expectation, it is another validation of De.men's technology and service offer, and could be a reference site for any other ski resorts.

    The share price is manipulated by some nasty games if you look at the seller's ask and volume, the larger volumes at each ask price is strategically placed the back of the list. Hope today's announcement is the first of a lot to end such nasty games and leave such game players far behind of our fast moving train.

    Figures crossed
    Last edited by Minrose: 08/12/21
 
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