Another good ADA announcement. More contract wins, with some big ticket contracts still on offer as well. The FY16 result, and more importantly, the order book and guidance update due in August will be the next big catalyst for the stock. Brokers currently forecasting FY17F PBT of $12.5m. On existing contracts and prospect of only modest new contract wins, I am expecting FY17F PBT will come in at +$15m. The upgrade cycle continues.
Ann: Adacel Announces Strong Orders Performance-ADA.AX, page-2
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Last
47.5¢ |
Change
-0.050(9.52%) |
Mkt cap ! $36.20M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 47.5¢ | $42.81K | 86.47K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18311 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 900 | 1 |
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| ADA (ASX) Chart |