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Re: Traderfan post# 10300

Monday, 02/06/2017 4:16:23 PM

Monday, February 06, 2017 4:16:23 PM

Post# of 10797
COV.V

Yah - 50% being one time would definitely be the most aggressive position. Maybe a more reasonable assumption is simply that "25% of the costs were front end loaded for the year" if there was some lumpiness to secure the Saudi Arabia contracts. I don't think COV will do too much now until FQ2 is out unless there is a Canadian smallcap investor or newsletter writer who does a detailed piece on Covalon. I'm not aware if this has happened but imagine it might occur in FQ2 with the positive EPS and revenue growth helping to spread the word.

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