G'day @MerDiversification is great if your a 70 year old self...

G'day @Mer

Diversification is great if your a 70 year old self retiree living off passive income.

So without derailing the thread, briefly.

I think small technology companies with limited financial, technical and human resources requires focus (and of course passion) on a core technology/solution/product.

I believe CNQ lacks the capital reserves or current income streams to support the technologies currently in development, and by spreading themselves thinly across their international expansion of their core water solutions along with the development of their new offerings in graphene membranes (acquired from Ionic Industries), ATA dewatering (acquired from Sloane) and their DLE tech, they are at risk of diluting current shareholders with CRs or something far worse.

PWN, on the other hand, have a limited acquisition history that appears to be driven to generate free cash flow, human talent and support the development and rollout of their core technology.