Yea, all good....at £5/6mn mkt cap, it's simply too small for even the most aggressive micro-cap institutional investor to buy so we need wealthy investors like our man to see an opportunity to make a good profit.... We're now on the virtuous part of the journey - the better the sales trends, the higher the market cap, the more the buy interest, etc. etc. A virtual cycle.... We've been through the vicious cycle part - institutional selling, uncertainty, and restructuring charges, etc. And, to offer full credit to management, they've done a cracking job on costs and on monitoring, etc. Nothing is baked into this price here. Bullish for 2017!
Positioned well irrespective of Brexit. India, China, ME have no choice but address water issues. As living standards rise in China, India, along with increased industrialisation, they cannot ignore water quality, re-use and industrial effluents.. It will become a ballot box issue in India.
This is a STRONG BUY with diverse geographic spread, increasing of product, including disposables, and key partners. Also plays into energy efficiency in the desalination space.
Hasnt moved the needle yet but the liquidity has been sucked out so any buying pressure and it will pop. Should get a holdings rn by the end of the week so we will know a little more of this transaction
I thought you were pulling my leg when I read that a couple of minutes ago soleman...so to re-cap, 10% of the total shares in issue have been bought in two trades this afternoon, which let's face it must make for an interesting day tomorrow
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