Sure but DRO landed a 20mil contract for her first solid re-rate. Ours do add up together but I feel like there is still a fair bit to be done before we can achieve an outcome similar to DRO. She is extremely over valued off of market sentiment but that run also occured over a whole year.
Maybe 20-40 cents and with further news to justify it and then onwards from there. $1 would still only sit her at a 300mil~ market cap so there is a solid chance but I'm more inclined to say we approach 3DA's market cap somewhere around 100-150mil market cap at 30-50 cents if the sentiment keeps up and updates keep rolling in.
That said, like it was mentioned earlier a significant contract coming through outside of the US Navy in Aerospace or Oil & Gas could really set her off about now.
Regardless, definitely keen to see what happens this quarter with the US facility being commissioned.
Chart thread, page-537
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.49M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.8¢ | $158.0K | 1.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 513536 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 282735 | 9 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AL3 (ASX) Chart |