FY19 is the first full year post the move to become an IP led research and development/licencing business, whilst also seeking to penetrate the large production wellhead market. Importantly, Plexus sold two exploration wellheads during the year to Russian partner Gusar, with a subsequent order being secured by Gusar from Gazprom utilising POS-GRIP solutions. This was a significant development in the region within which Plexus has potential to grow substantial royalty revenues. The PPC JV with BE ....
05 Nov 2019
Cenkos: Plexus Holdings Plc -- Reset and building for growth
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Cenkos: Plexus Holdings Plc -- Reset and building for growth
Plexus Holdings (POS:LON) | 15.8 0 0.0% | Mkt Cap: 16.6m
- Published:
05 Nov 2019 -
Author:
Ian McInally -
Pages:
5
FY19 is the first full year post the move to become an IP led research and development/licencing business, whilst also seeking to penetrate the large production wellhead market. Importantly, Plexus sold two exploration wellheads during the year to Russian partner Gusar, with a subsequent order being secured by Gusar from Gazprom utilising POS-GRIP solutions. This was a significant development in the region within which Plexus has potential to grow substantial royalty revenues. The PPC JV with BE ....