Australian (ASX) Stock Market Forum

Reply to thread

Three year chart, daily, for SDV:


[ATTACH=full]118323[/ATTACH]


First year and a half, Jan 2018 to June 2019, boring. Only punctuated by a Split  (S) in Dec 2018. Getting house in order.


Then a few nibbles early in 2019 until the volume spike late June. (no discernable event, stale holders moving out? Tartana?) Marks the beginning of the rise, to become close to 10 bagger in 9 months.

After which Covid laid all good plans to waste.

But a quick recovery and growth trajectory.


What I want to do is figure out if Jun/ Jul 2019 is predictable, for an outsider.

30 April - New MD

May - USA initiatives, new Board member

Jun- Jul. Tartana (19.9% SDV) failure to IPO

22 Jul - US oil & gas first sales

Aug - Sep - sales growing

Aug / Sep - Iluka LT contract and first sales

Sep - Cap Raise at 26c ($4.6mill)

Oct - acquire ProSol

2020

Jan - acquire Highland Fluid Technology

Jul - Placement & SPP @ 65c ($7mill)


SciDev is focused on fine particle separation chemistry (colloid chemistry).

SciDev Solutions

... solids-liquid separation in the Mining & Mineral Processing sector.

... recycle, reuse and minimise oilfield water waste Oil & Gas.

... reduce costs and operational downtime in the Construction & infrastructure sectors.

... Wastewater - treatment and products for the industrial, F&B, and municipal water sectors.


Anything discerned?

The biggest sector doesn't necessarily get the sales. O&G is where growth is happening

Lots of little jobs = demands on sales team, contacts

Need to hold inventory

Getting to scale, or still a small outfit in a set of dispersed industries, each with their own needs?

Institutions on board - holding for longer?


Nov 2020 shareholder composition

Nuoer Group 6%

Board and Management 8%  <------- low

Institutional 21%

Retail 65% <------ high


Top