this means that each of those markets is currently supplied by companies that are capable of doing the job at a price the market finds acceptable.
it will take some truly incredible price advantage to remove even one of those suppliers. Such a big advantage that the customers would make the move as soon as possible.
I have never seen a company that simply quotes market size ever have success. Maybe TTT is different but after 25 years in markets I have my doubts.
it’s clear now the technology is not enough to win contracts which is why TTT have adopted this scatter gun approach.
not saying Jeff Lang and the team are not fantastic management. I think he is one of the best. He raised $20 mill for himself and the board and now he should reap the benefits. The fact that we now have shareholders whinging about seeing results is pathetic. This is not about them. It was never about them. this company is not designed to produce military equipment, is designed to raise capital and that is exactly what it has done.
well done Jeff! You deserve at least 10 of the 20 mill and I guess the board can take the rest.
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