One of the biggest issues for EVS is the lack of importance regulatory bodies and profit focused companies place on protecting the environment. Real time monitoring should be compulsory for all businesses but at the moment, it is cheaper for businesses to pay the fines when something goes wrong rather than implementing something like Envirosuite to prevent the problem from occurring in the first place.
Wasn't overly disappointed with the latest Half Yearly Report as some of the recent sales look quite promising. Nevertheless, the biggest driver for the share price in the short term will be the Thames Water contract and whether it's renewed. Fingers crossed it is not only renewed but expanded to include other modules.
EVS Price at posting:
5.9¢ Sentiment: Hold Disclosure: Held
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