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SES appeared in my scans recently and I liked what I read in their latest business update.

The price chart shows a huge spike when Woolworths decided to use some of their compostable bags. Since then SES has continued to add contracts both here (Aust) and abroad (US). They're still a minnow, but seem to be growing the business. It's a business that should attract the ESG followers.

The chart shows a big resistance level at 0.20. It may take more time and additional contracts to get past that level. I've taken a small (spec) position as I not entirely comfortable with the RR at this price. I may add at a lower price if there's evidence of demand at the lower prices.

[ATTACH=full]114625[/ATTACH]

If their chemistry is unique and well patented then I would anticipate that SES is a takeover target for a large packaging company.

<blockquote data-quote="peter2" data-source="post: 1100747" data-attributes="member: 13908">SES appeared in my scans recently and I liked what I read in their latest business update. The price chart shows a huge spike when Woolworths decided to use some of their compostable bags. Since then SES has continued to add contracts both here (Aust) and abroad (US). They&#039;re still a minnow, but seem to be growing the business. It&#039;s a business that should attract the ESG followers. The chart shows a big resistance level at 0.20. It may take more time and additional contracts to get past that level. I&#039;ve taken a small (spec) position as I not entirely comfortable with the RR at this price. I may add at a lower price if there&#039;s evidence of demand at the lower prices. [ATTACH=full]114625[/ATTACH]If their chemistry is unique and well patented then I would anticipate that SES is a takeover target for a large packaging company.</blockquote>

[QUOTE="peter2, post: 1100747, member: 13908"] [B]SES[/B] appeared in my scans recently and I liked what I read in their latest business update. The price chart shows a huge spike when Woolworths decided to use some of their compostable bags. Since then [B]SES[/B] has continued to add contracts both here (Aust) and abroad (US). They're still a minnow, but seem to be growing the business. It's a business that should attract the ESG followers. The chart shows a big resistance level at 0.20. It may take more time and additional contracts to get past that level. I've taken a small (spec) position as I not entirely comfortable with the RR at this price. I may add at a lower price if there's evidence of demand at the lower prices. [ATTACH type="full"]114625[/ATTACH] If their chemistry is unique and well patented then I would anticipate that SES is a takeover target for a large packaging company. [/QUOTE]

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