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Yes, £100m is a bit high for now as we only had $14m in 2018, which was a good year.
Who knows what their PFAS solution will bring, but for now I will be happy with over $10m.
Great news - hopefully more to come.
“We are delighted with this contract and look forward to updating our shareholders with further news in due course."
What an excellent balance sheet to have when moving into new areas and having increasing revenues. I am pleased with those figures and the prospects.
It was tough seeing this rise around 75p and back down again, but I still think this has potential to go much higher. It could be the best at what it does in terms of PFAS, but I guess we don’t know until we see sales figures. Having said that, even the old day-day work over recent years saw them have one really good year of revenue and profit in the not too distant past.
Could those be director buys? That would be interesting. Or maybe a share transaction. Either way, they are big amounts compared to our usual trades.
Great - thanks panda
True and if it is as good as they say, the world needs to know. A quick twitter search brings up microsaic systems talking about it but not MYX
I know they said it is hard to gauge the size of the market for their PFAS solution, but it seems that this is their most exciting proposition now and if you believe what they say then their product will really help towards this and the new legislation said to be coming in the US should really help this. I wonder too if they will really push their marketing campaign to benefit from this. The cash comments in the presentation were very reassuring. I am more positive after that presentation, but wasn’t negative before.
We have results to look forward to this month (based on last year’s release) so I hope we can a nice update on what they expect for the year. The long-term chart is great to look at if you compare what happened when last at these levels on the way up. Of course, there was a placing but that was when the share price was way, way higher than now. And the directors have bought higher too.
Hi Mark. Whilst they are trying to get into other areas, they are still mainly in O&G. However, they are a green tech company so you would think they only contribute towards helping the environment. I am hoping for a good update this month to explain more about their new options and areas for new revenue.
Maybe we will see a little rise heading towards the results.
The bid is looking strong again so we maybe have a delayed buy to pop up. What makes you think that, BBR?
I think there is lots to come here but just wondered what your view is? The results will give us a few clues next month.
The price still has a way to go but things are looking up now. I am looking forward to seeing how the revenue develops over the coming months with (hopefully) profits from oil companies being spent with us. The other areas they can operate in, particularly agriculture, could be exciting too, but I have no idea how much revenue and profit that could generate.
I wonder if he can take the other 6% from them :-)
Is he a regular private investor or something more? The amount he has invested here is certainly not a small amount!
I am not surprised by the interest here. Whether or not we would be a lot higher already without Artemis selling some of their shares, we will never know, but what we do know is the price is very low and the balance sheet is very strong so the price based on that alone should be a lot higher. Added to that is the industry where most of our revenue comes from is entering a good run too.