|
Share Price of Water Purification Manufacturers Show Gains as Tsunami
Disaster Relief Gains Momentum
POINT ROBERTS, Wash., Jan 3rd, 2005 –
www.Water-Stocks.com
January 3rd, 2005 – www.WaterStocks.com
-- North American investors, anticipating a surge in demand, have caused the
share prices of several water purification manufacturers to jump
dramatically over the past week. Three companies in particular have
experienced share price gains in the past few days: Euro Tech Holdings
Company Limited (CLWT) a distributor of a range of advanced water treatment
equipment; Strategic Diagnostics Inc. (SDIX) a manufacturer of immunoassay
and bioluminescence-based test kits for detection of a variety of substances
in water; and, Aquacell Technologies, Inc. (AQA) which is engaged in the
manufacture and sale of water filtration and purification products.
The share price and trading volume of each of these companies peaked on
December 28th and then dipped slightly in the days following, (see figures 1
and 2 below for details).
Worldwide, a large scale relief effort is being undertaken with funds for
disaster aid pouring in. The US government is providing $35million, with
corporate donations already surpassing that amount. Aid funds will be used
in part to provide water purification products to treat the region’s water
supply. In response, Wisconsin Pharmacal, the world's leading producer of
iodine-based water purification tablets is donating more than 10,000 bottles
of EPA- approved Potable Aqua(R) water purification tablets to relief
organizations.
The World Health Organization said in a statement on December 28th, that
clean water is the key to avoiding the spread of fatal diseases for
survivors of the tsunami throughout the affected regions bordering the
Indian Ocean. The WHO said that starvation and the lack of clean water could
result in as many or more fatalities than the actual tsunami. Survivors
forced to drink water from contaminated sources could be exposed to
diarrhoea, cholera, typhoid fever and shigellosis - as well as liver
diseases like hepatitis A and E.
Water-Stocks.com does not make recommendations,
but offers a unique, free information portal to investors to research news,
articles, interviews and a growing list of participating public companies.
Disclaimer: ECON Corporate Services Inc (ECON) is the owner
of this domain.
ECON is a privately owned corporate communications company specializing in:
media relations, investor relations, and research on public companies and
industry sectors, for the investment community. Nothing on our sites should
be construed as an offer or solicitation to buy or sell any specific
products or securities. All investments involve risk. Past performance does
not guarantee future results, therefore investigate before you invest!
Although we attempt to research thoroughly, we offer no guarantees as to the
accuracy of any information presented. We encourage all investors to use our
sites only as a resource to further their own research. The site is
compensated by its "Featured Companies,” as outlined in our on-line
disclaimer at
www.InvestorIdeas.com/About/Disclaimer.asp
|
|
