Jake,
Some good questions, but I can guarantee you no company is going to order 5 years on a first order. The first order will likely be a ramp up level. We have already seen other contracts worth $1mill or more a year. This company is as stated in the announcement:
a global leader in architectural products and window coverings with a focus on sustainably and innovation. Products under the company’s worldwide premium brands have been manufactured for the Australian domestic market for over 60 years
Obviously as you say we don't know the value in terms of time but I'm pretty confident this contract (assuming all goes well) is worth multi-millions a year and it will be long-term.
Ann: Sales Commence in the Australian Construction Market., page-25
-
- There are more pages in this discussion • 241 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AJX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $15.73M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $4.212K | 408.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3043885 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 450000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AJX (ASX) Chart |