Good news from its distributor in China, reflecting the shift in the Chinese economy towards more advance industries and consumption-based economy. Definitely the long-term favourable trend.
However, at this stage, we don't know whether this contract implies additional bew sales or simply putting the expected sales in legal contracts. So, even though it guarantees 15m over 3 years (5m per year), maybe it could cannibalise existing sale order, so it might not be exactly $5m on top of current revenue.
Let's wait for the management guidance.
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.82M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 28.0¢ | $410 | 1.464K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 20999 | 1 |
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| Last trade - 10.17am 18/07/2025 (20 minute delay) ? |
| CMP (ASX) Chart |