Eurocontrol Technics Ord EUCTF

Can someone tell me...

[Joseph_K]

I'm looking at the stock chart and I see we hit 12 cents in January and 13 cents a few times in February.   Can someone please remind me why EUO was tanking back then?

[thedon]

That period was more about a general market selloff. @nbsp;EUO was selling for below cash on hand, like it is today!

[Joseph_K]

How much cash do they have today?

[thedon]

The current cash level depends on too many variables, including how much they got from SICPA in July.  The company could give you the best answer if they care to share.

[TradeCraze]

Summertime is always a sell off time, especially for penny stocks. Seen this for every penny stock I own. 

[zenvesting]

I think it's safe to assume the first semi-annual royalty payment from SICPA will only be the guaranteed minimum of $750,000; as we have not been able to find any evidence of significant new contracts. There's still hope the second half of this year might bring a large enough contract to exceed the minimums. Those Phillipines procurement process seams to be near a decision after the news

[thedon]

Since the submission part of the tender process closed months ago, the silence and apparent inertia around the EU fuel marking contract award process continues to amaze me!  One would think that the billions of Euros in revenue on top of the policy gains which would result from this fuel marking program, would incentivise a speedy resolution and implementation? At any rate, the people at

[kidl2]

EC tender time line: https://ec.europa.eu/taxation_customs/resources/documents/taxation/excise_duties/energy_products/aircraft_fuel/information_on_the_selection_process.pdf

[homerunstock]

"Please note the timeline is indicative and does not bind the commission " as I've stated before this timeline is very flexible and based on who Sicpa is in Europe and with them now owning the #1 fuel marking technology out there one would think this is a no Brainer choice infact it would be a total shocker if anyone else would even be seriously considered to recieve the contract