SDV 2.08% 47.0¢ scidev ltd

yeah, hopefully the Syncrude deal does extrapolate out linearly....

  1. 138 Posts.
    lightbulb Created with Sketch. 58
    yeah, hopefully the Syncrude deal does extrapolate out linearly. I was a little underwhelmed with the lack of detail re that trial in the report, it seemed a little vague. Anyway, fingers crossed there.

    You’re right, landing these deals would be front heavy in terms of $$ spent on wages in tailoring specifics. Once we land the deals it would just become a matter of getting the product out and monitoring the early legwork. Things will economise, albeit wages have only been a small part of the outgoings. Product has been the largest %, so let’s hope that it’s because they’re potentially running these trials at a loss or close to it in order to get them interested.

    Not all of our revenue thus far have been trials though, so maybe the co is pushing as many trials as possible irrespective of it offsetting our contracted profits.

    If I were running the business, it’s definitely the way I’d be managing an aggressive growth. Excited for the next 6 months!
 
watchlist Created with Sketch. Add SDV (ASX) to my watchlist
(20min delay)
Last
47.0¢
Change
-0.010(2.08%)
Mkt cap ! $89.20M
Open High Low Value Volume
48.5¢ 48.5¢ 45.0¢ $130.7K 283.2K

Buyers (Bids)

No. Vol. Price($)
1 22000 47.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.5¢ 43156 2
View Market Depth
Last trade - 16.10pm 28/08/2024 (20 minute delay) ?
SDV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.