Based on 1H21 revenue of A$18.3M, this contract represents a 3.4-4.9% increase in topline revenue alone, only a single contract.
As others have stated another quality company, and obvious proof of concept here of SDV being able to deliver value to their clients. Covid-19 bought about a massive disruption to the mining industry, which has resulted in status que in terms on change on mine sites. I expect that this will change thick and fast and expect SDV to be a beneficiary of this.
Product is proven to deliver value, otherwise they wouldn't have contracts. Exciting times ahead IMO. Have been a hold for quiet some time, sentiment changed to Buy.
Ann: SciDev Maxiflox contract with Eramet subsidiary SLN, page-5
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Last
61.0¢ |
Change
0.020(3.39%) |
Mkt cap ! $115.7M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 61.0¢ | 59.0¢ | $23.29K | 39.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2523 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 5000 | 1 |
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