we saw AWS open at 2.4c and close at 3c today - great 30% increase in one day with no important announcments realeased. AWS NTAB's round 5c.
So the holiday makers came back today and thought to get waterwise,heheh or are the brokers on to something.
Personally I believe this stock has alot of potential at the moment, They've completed their rights issue and are continuing to follow their strategic growth plan with the refurbishment of all stores and the roll out their concept stores.
So far the company has refurbished two major stores, opened one store, has another opening in early Jan and another in Feb. The more the merrier. More stores means increase in revenue, increase in revenue means more profit as long expenses are low and interest rates are stable.
Westpac's no fool, no company hands out money for nothing. This company has the right range of products in the right areas and westpac picked it up.
After monitoring this stock for the past couple of weeks it's exciting to see such a large increase such as the one we saw today, be interesting week for aws, my opinion, buy while price is still low from stats and issue and hopefully AWS will shoot back up to it's true value price.
AWS
australian waterwise solutions ltd
we saw AWS open at 2.4c and close at 3c today - great 30%...
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