nice to hear what they say to you disco warrior. the ARR fig of 12m plus or minus in guidance was an annualized run rate figure... ie what it was going to be running at by mid 2020- I'm pretty sure that was indeed the date.
yes the chairman's letter today was a waste of ink. shows the chairman needs to go and be replaced - no time for hot air. the last and final announcement prior to moving forward as a consolidated entity is to simply say (which should have happened today), what that EVS only run rate is, and further state that due to combining sales mix, future ARR will reflect the combined etc. that would put it to bed.
truth is, it's a excellent business and in due course will well and truly over deliver. this is a bottom draw share, and don't open for 4 yrs -
hope the SP doesn't move anywhere for timing being- doesn't deserve too anyway.
EVS Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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