Ann: IPD expands EV charger offering, page-2

Interesting. We must trust the judgment of Directors who have funded this small acquisition from cashflow.

While I lack the resources to have followed every 2021 IPO, it would seem IPG's was one of the best, yet it was initially underappreciated, coming to market not long before Christmas 2021 and subsequently having excellent SP appreciation.

Gemtek has a three minute video of 'World EV Day 2020' held in Perth. One doubts given 'Mad Mark' McGowan's huge overreach with quarantine (turning WA into a large prison) that many attended. There only seemed to be small numbers looking at the vehicles.

It's great that national distribution of these charging units will be made easier with IPD Group's 'reach'. The website is heavily focused on Western Australia so that will need to change as the public face of this new IPD Group subsidiary.

The '$14.3 million of quotes' highlighted in the IPG release isn't the same as '$14.3 million in revenue'. What percentage of the quotes turn into orders? 10 per cent?

Nonetheless, despite justified cynicism at woke climate alarmists whose hypocrisy in flying around the world in private jets or on commercial airlines' first or business class is evident while individuals like Andrew Forrest lecture the rest of us from on high, EV charging is a growing area.

IPG may be ahead of the curve so to speak.