My expectation is that they will not have a problem raising enough money for a successful expansion in Europe and the U.S. My other bullish opinion is that the stock price will double by mid year (if not in the next few weeks).
On a slight tangent, has anyone had a chance to read the Australian Government Defence White Paper and associated documents (released today on defence.gov.au)? There is an Iwebgate case study called 'Business and Government Working Together for Success' on page 45 of the 2016 Defence Industry Policy Statement that is worth a read. The 2016 Integrated Investment Program document is also interesting and outlines where the billions of dollars will be spent over the next few years.
Some big ICT and cyber security projects in the pipeline that look promising for the industry. Also plenty of work for my brand new ship building company..
IWG Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
