I think we really have a great CEO now. He understands the industry very well and has a very clear mind in business strategy and is truly honest from what I can see.
I was lucky that my 3 questions all got answered..
1. Future capital raise: As per their guidance in this financial report, they expect they will have another capital raise in the very late of this CY. I believe that we can raise at a much higher share price considering the business start progressing in the right direction and generating revenue. I will try to accumulate a little bit more shares when I see any share price weakness at the current price level.
2. Boeing projects revenue: Not the answer I expected, but he couldn't not disclose too much detail at this stage. There are many projects associated with Boeing at the moment, especially for those 'green' applications. These projects are progressing in AU, US and EU. Time will tell I think.
3. Composite Tech: This is an old story everybody knows. It is still in the testing stage, and they have developed many testing plans. To me, I don't expect anything meaningful in the near future regarding this, but who knows whether we can have any surprise in the coming years. I won't consider this as part of the future growth and valuation for now.
TTT Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held
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