In the current climate, all the investors are looking for is a sustainable business model.
When half of the ASX are reporting drops in revenue, doom and gloom, cancelation of dividends, a bleak economic outlook for a couple of years the agreement starts to look very good for this company.
Why?
COVID has spooked the ASX and cost millions if not billions. A company that shows strength and no adverse affects as well as securing agreements for future sales is definately in a stable economic position.
I cannot understand why that needed to be explained.
APC Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held
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