RE: Thoughts24 Mar 2015 11:08
Hi CO
Interesting thoughts, and yes the interims were very positive. The business model is relatively simplistic in its nature and that is what I like about EPO, and the space in which it is trying to work.
The toughest "nut" to crack will be Europe with its archaic and bureaucratic way of doing things simply to preserve its own status and sense of superiority.
Cost control will always be an issue, but as long as cash burn is kept under control and there is adequate free cash flow and low debt.
In relation to being taken over, would have been more financial and economical sense to have done so when it was at the 20-25p stage?
With regard to technology, its so fast moving, and the key would be to at least remain on par with the rest and the competitive advantage gained via its product differentiators compared to its competitors.
As long as EPO continue with is land grab of this space, gaining further momentum and traction.