RE:RE:RE:RE:RE:RE:RE:Let's hear the expectationsGreat post Melida, thanks for this. Have a great long weekend everybody!
Melida wrote: That would not be the point of guessing. There is no point in guessing. I've never predicted a share price target for Pyro.
The decline in revenue has been caused by a few things. Covid just to name one. I go back to what Pyro is selling: very expensive cutting edge technology. This requires a long sales cycle. They aren't selling widgets. If you refresh your memory by reviewing older NRs from 2021 and onward you will see that Pyro undertook a significant strategic analysis of its business. This was disruptive to short term revenue and was risky. But we are now half way through 2024 and based on the great news of the past year or so, the strategic analysis and resulting modifications to target marketss, is proving to be the right move.
Am I guaranteeing this? No. Nobody can. However, I'm just one of many who believe in Pyro is on the verge of really significant victories (contracts) and will be a game changer in many verticals.
Pumping is not my thing.
Got to go. Back on Tuesday