Aquirian - ticks lots of boxes

Aquirian is a company ticking a lot of the boxes I look for when investing.

• Cashflow positive from operations
• Positive EBITDA and growing
• Strong balance sheet with over $8.2m cash and extra funding facility with another $2.8m still available
• Enterprise Value of only $9m
• Disruptive technology with significant growth potential with Collar Keeper System
• Product that appeals to customers needing to improve Environmental, Social and Governanace (ESG) compliance
• Business founders lead the experienced management team
• Business founders are largest equity holders in Company ensuring alignment of objectives with shareholders
• Tight share register with no investors gaining entry below the IPO issue price of $0.20 (ie. no cheap pre-IPO seed capital)
• Diversified tier 1 customer base
• Global demand for their flagship product
• Likely takeover target from major drilling or mining services Company

A lot to like here and only a matter of time before the market wakes up to the value.