ADA 0.98% 50.5¢ adacel technologies limited

Yeah hit like that at the moment thunderhead, I have a couple of...

  1. 208 Posts.
    lightbulb Created with Sketch. 25
    Yeah hit like that at the moment thunderhead, I have a couple of small caps that need some news flow. It's a pretty tough place to play in at the moment as it's quite unloved. On Adacel this contract provides very good base of earnings for the next 5 years (remember its close to 95million aud at current exchange rate) so any further wins we will be making good to exceptional profits for the next few years.They said they had 100mil USD worth of large contracts that were in the pipeline so there could be another 30-40mil contract potentially which would make this really move the share price upwards, plus all the potential smaller contracts on top as there are upgrades that were scrapped or not needed during covid as air travel came to a halt.
    Last edited by NZSilver: 04/10/23
 
watchlist Created with Sketch. Add ADA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.