Vysarn has certainly been on a tear lately. Well done for adding during the tariff panic. Looking out 3-5 years I’d hope that would be a very good entry point indeed. 

What I like the most at the moment is that they seem to be successfully diversifying away from Pentium Hydro which 1H Fy25 showed is cyclical as you would expect with anything tied to resource extraction. 

I also really like that management is just quietly getting on with things, not making constant announcements like some others trying no doubt to juice the share price (Stealth, Droneshield and AI Media comes to mind - two of which I currently hold because the underlying businesses seem promising but I really dislike the used car salesman vibe from management) If the underlying business is performing you really don’t have to.

I’m happy with my current position size in Vysarn and am a long time holder as long as they keep executing. I may consider adding a little more if the share price retraces and holds the previous high anchored VWAP from September 2024 currently around 0.44. In the latest uptrend starting mid June it’s been bouncing off the 20 and 50 EMA but I’m not a trader and the price does start to look extended compared to the Anchored VWAP.