Can’t believe Hank and team would be ordering a third atomiser if they didn’t have a very good indication that they will be requiring the output. Can’t imagine US defence contractors would place significant orders for material from companies that can’t demonstrate capability to produce the product. This is a great strategic move in my opinion and sends an important message that they plan to be a significant player in the market. Also I don’t believe that Hank would be overly concerned with the share price at this stage as he has always maintained that this is a long term prospect that will build great shareholder value in due course. Of course I don’t like the share price drop but I remain focussed on the long term rewards as I see them. Patience is required and if holders don’t have it then there are plenty of other options in the market for short term speculative buys.
3DA Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
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