Bung5,
Where did you get $500k per annum from?
The following article:
http://www.theaustralian.com.au/bus...news-story/1a67d13260b9e7f27f9077564f881073?=
appears to imply around $60 to $80k per annum per customer using 2 to 3 modules.
I suspect that's what's holding back the share price of PEH at the moment. If revenues are only $60k to $80k per customer, they will require a lot more customers before we see any significant growth in overall company profits.
If this is true, then it probably explains why the company is so aggressively looking for new customers outside of Australia as there are probably not enough potential customers within Australia to grow at the rate that they want to.
IMO, they have a fantastic product being launched into the market at the ideal time when climate change and environmental issues are the current hot topic so hopefully they will be able to pull it off.
All the best to all shareholders.
(20min delay)