RE: 33.7% shares.......24 Apr 2018 23:44
Ticor: rhetorical question I suppose. I m certain there are many (like myself) who had bought in first at much higher prices and averaged down. Of course many might have sold in despair as raising after raising occurred.
Secondly the open offer was prioritised proportionately to existing share holders first, and it had good uptake. This leads me to believe many of those holding would have higher averages (ex mine is about .07p after big top ups) and are willing to be patient to realise value. The fact that directors own such a large chunk is very reassuring (to me atleast. I learnt the hard way ex Moni that skin in the game is essential, if it’s not there, abandon the share imho)
Whether people sell on a spike or not, of course is up to each individual, but if new contracts are announced, or scope for recurring contracts for ex, plus some revenue from gyrometric too, there’s huge potential and many may hold further. Geocurve has always stated it wants long term relationships with its customers ie ongoing contracts. Aviva is only one thread in the narrative. There’s the EA, national grid and Jacobs (who merged with CH2M) a multinational giant etc. Gyrometric for ex has a “monitoring system” described, which analyses data from the IME/gyromon etc and feeds back to operators. The inventors are pedigree academics, they have worked 20 years plus on refining the tech and it’s the real deal from what limited diligence I’ve done. Wind turbines are taking off in UK and Europe, the markets targeted. Huge growth area €27billion financing in just 2016. Maintenance is a big issue. Gyrometric on the one hand, geocurve on the other. (Drones halve inspection cost average for a wind turbine from $1500 to $750, it’s a win win).
The current gyrometric trial is WITH a leading turbine producer/operator. In other words, if the trial is a success, they hope to fit the kit into turbines at point of manufacturing. Of course big IF. The tech includes (just my non tech opinion) AI, not just to monitor the equipment, but to manage it ie speeds, gears etc to avoid damage (ex marine kit) or to optimise output (ex wind turbines). I see a subscription/maintenance type service here, which augurs well for recurring income streams. All just my humble opinions. DYOR. Good luck all