Hi Friends,
I initiated a new holding this week - Consolidated Water Co Ltd, ticker CWCO:
This is a diversified water play that is riskier than it first appears. With a micro cap of $170M, it is an up and comer for sure.
I was looking for something in the water space that was not a diversified utility company. With fresh drinking water being more scarce, this company has the technology to desalinate ocean water into drinking water. I think the times of tapping rivers and lakes for fresh water will be coming to an end, and more technology will be deployed in the future to desalinate the rising ocean waters - thus my purchase.
We shall see how this one plays out - it can only go to $0, but it will more likely be a ten bagger.
Thanks for coming by,
Brian
