I agree with that ! - fundamentals are all there and I can see the true makings of what could end up being a $180m market cap business.
30-40m of revenue in line with your high level view of their revenue per rig (if they get some further tier 1 contracts this may actually end up being a smaller figure, but at least Vysarn will be further onto the map) is in my eyes super achievable. Seems like they just need to crack out a strong operational quarter update or lock in some new deals to serve as a catalyst for a much higher share price. Could see prices being at least double by 30 June 21, management just need to continue kicking goals and following the strategic approach communicated with the market.
Good luck to all of us! Some big things coming hopefully
I agree with that ! - fundamentals are all there and I can see...
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $128.7M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 30.0¢ | $60.89K | 196.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 5250 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
-0.005 ( 3.13 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.0¢ | 30.0¢ | 179951 | ||
| Last updated 15.44pm 24/05/2024 ? | |||||
| VYS (ASX) Chart |