re: from s s They have a mkt cap of $90mil approx. Pretty high considering. It was $30m a week ago. All up they have about 260mil shares including unlisted options.
They treat sewearge waste and transform into useable products for use in the horticulture industry it seems using their patented technology. Not really sure how high the demand is going to be. Dontt know if too many people would feel comfortable using seweage as a product to do whatever with it.
It shpuld be noted that the company was in receivership and administration. It seemed to be doing fairly simila activities back then too. I work in insolvency and have dealt with many companies who had been previously been restructured before falling in a heap again due to unreliable demand, very high overheads etc.
I'd steer clear Towie until they release a profit projection. Could just be a big pump and dump at the moment (pardon the pun, lol)
Cheers
re: from s s They have a mkt cap of $90mil approx. Pretty high...
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