Well put Cuse. A company growing at such a huge rate is going to have up front costs in the expansion, the receipts come after the work is delivered. In the nearly 3 1/2 years since I first invested, I've noticed the lumpiness of the payments, but also the growth, varying from between 20 to 30 % p. a. which is amazing. But of course, like any fast expanding company there is that up front cost or investment required for the expansion.
I'd like to point out also, that Epichem is not just some really fancy labour hire firm of Phd molecular chemists, it is a full blown technology company. At its heart is an growing IP catalogue of more than 200 highly specialised compounds used for highly specialised tasks in labs or where-ever or for whatever. This market is worth over a billion dollars but is largely run like a cottage industry, where people who need these specialised service call somebody who calls somebody who knows about how to deal with this or that chemical issue. Epichem, with its Phd chemists and growing catalogue of specialised compounds is rapidly expanding into this global market and is rapidly gaining a globally recognised name in this field. That is the whole thing about Epichem, but I believe its what makes it stand out, and I reckon it could one day be a hundred million dollar business one day. Compound growth of 25 to 30 % is spectacular. Jus remember that this is a tech company, not a fancy labour hire company. Cheers.
- Forums
- ASX - By Stock
- Biotech growth story....hideously oversold
Well put Cuse. A company growing at such a huge rate is going to...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAA (ASX) to my watchlist
|
|||||
Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $89.95M |
Open | High | Low | Value | Volume |
18.5¢ | 19.0¢ | 18.5¢ | $111.6K | 601.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 169572 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 613756 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 144572 | 0.185 |
8 | 54129 | 0.180 |
4 | 344819 | 0.175 |
8 | 565800 | 0.170 |
4 | 385807 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 603756 | 9 |
0.195 | 510600 | 6 |
0.200 | 231600 | 9 |
0.205 | 221875 | 2 |
0.215 | 178520 | 3 |
Last trade - 15.46pm 30/08/2024 (20 minute delay) ? |
Featured News
PAA (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online