Hi Alonso,
Water treatment, where Demem sits, is a very mature market with lots of players and also one where customers are very reluctant to try new technologies.
Their unique technologies are only unique in how they solve a problem, not unique in being able to solve a problem.
Their acquisitions have been good in that they add to the revenue/ebit but they have been acquired based on geographical location more than technical synergies. The pump company they bought in Tasmania was a good one but I'm not sure they have any membrane experience whatsoever.
I would love to see this do well but there's something not right.
The water treatment sector grows every single year as it is directly linked to population. It is a profitable sector but you need to have a deep understanding of the sector to know where to focus.
Hi Alonso,Water treatment, where Demem sits, is a very mature...
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $31.63M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $4.603K | 35.71K |
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| No. | Vol. | Price($) |
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| 1 | 22300 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 13.0¢ | 8320 | 1 |
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| Last trade - 14.58pm 03/05/2024 (20 minute delay) ? |
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13.0¢ |
Change
-0.005 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 13.0¢ | 13.0¢ | 13.0¢ | 80 | ||
| Last updated 13.12pm 03/05/2024 ? | |||||
| DEM (ASX) Chart |