RE:Kind of pitiful the UK expansion is not talked about here I think the Bristol manufacturing facility increase has been mentioned when the news release came out. Someone thought move to Bristol was a shrewd move location-wise but someone else brought up the likelihood that the original plant was in Bristol as well.
And as a reminder, a couple of years ago, BEI moved to a larger facility as well.
All indicators and the company point to increasing demand. But at this point, unless they start inking more contracts, this year is not on pace to outgrow the pace of orders from last fiscal year which was $27 million. First five months of this year saw us at $13 million, and we went through whole November without a sales announcement.
Need a little bit more action on the sales execution front if we are to meaningfully outpace last year, which we should from all the direct and indirect indicators we have been told this far, none the least a 150% growth in NUMBER of PDA's and a 400+% growth in VALUE of PDA's. That means there is a very large PDA out there or several larger ones. Those could be attention getting, if they do get them.
But I do hope GEM traps grow considerably. I understand those to have a much larger gross margin.
We await news and hope that insider selling of exercised shares was just because they were able to do so and not because much thought was given to the SP in the medium term. Maybe they all got "hotter" tips. Crypto's flying further after the Blackrock ETF positive decision?