Some people are very difficult to please. Yes, on the face of...

Some people are very difficult to please.

Yes, on the face of things a $1.3m order is probably immaterial to a company with the MC of PET but lets keep in mind the overall size of the Florida Wet Lands which puts this project into the "very large" project category.

The announcement also points out the this is an initial order which, by the definition of the word suggests that this will be the beginning, opening or commencement with more to follow. Certainly more product will be required to treat the water ways over a long period. So perhaps this is confirmation that much larger orders will be forthcoming and that this contract has been won.

The ASX have also flagged this announcement as price sensitive which is also worth noting.

All IMO.