TSXV:WEE.H - Post by User
Post by
intrepidcdnon Feb 10, 2021 7:39pm
253 Views
Post# 32533132
Anything UP?
Anything UP?Heaven only knows whats driving the price and volume up, but a few observations. First: We can all likely agree the 1st 1/4 results are not driving this. Second The price and volume increased a few days before the Malasia news release (pre-qualification matter) and continued until about 3 weeks after the next news release (Saudi Arabia rental agreement matter with a miltinational oilfield services provider).
Did anyone make note of the following words from the Saudi Arabia release:
. "The Company looks forward to working towards receiving a larger, general services agreement to provide Wavefront technology across the 90 global locations the Client serves,” said Wavefront President and CEO, Brett Davidson. “We believe that the addition of the Client as a distributor in the Kingdom will augment the efforts of Wavefront and our local agent to build on the Wavefront name brand to further commercialize Powerwave well stimulation technology with the NOC.”
I wonder if some investors are speculating that maybe, just maybe, either or both of these news release are showing some additional fruition.