RE:Mcwhirter's exact words were....
v.ops sure doesn't look interesting financially. Not much revs with a 50mm market cap. The wellhead sensing technology might be interesting but I'm also mindful that O&G isn't going to be a growth market as opposed to something like how the semiconductor application has really transformed this company. O&G is slow to uptake new technologies.. PHO has been trying for 10+ years to make an impact with middling success to show. We should allign to fast evolving / moving industries who are likely to incorporate our technology into their products / processes.
Any other suggestions? Any interesting work on university we should licence or sidelined corporate projects we should snap up? I think PHO is strong in imagining a technology or process and creating products around it that customers will buy.
Cheers!
Grobinso