Resizing? the Adelaide operation has moved into an office warehouse facility in suburban Adelaide, more than big enough to handle several production cells, so they will have a facility in Adelaide for DSTO and BAE etc, and in the USA, they need a presence there otherwise on national security grounds they will not be able to progress much further.
So for Bullrush - they will have a US operation - its a logical step forward and given the sales in the USA so far, a sensible step forward. They will have the Australian operation to support Australia. Why is right sizing in the context above such a bad thing?
I am expecting a defence prime in the USA to come in and buy AL3 outright once the US president of operations gets things moving.
DYOR
Resizing? the Adelaide operation has moved into an office...
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Last
6.6¢ |
Change
-0.001(1.49%) |
Mkt cap ! $24.20M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.7¢ | 6.5¢ | $9.056K | 136.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 275000 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 66490 | 3 |
View Market Depth
| Last trade - 14.31pm 18/06/2024 (20 minute delay) ? |
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Last
6.6¢ |
Change
-0.001 ( 1.49 %) |
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| Open | High | Low | Volume | ||
| 6.7¢ | 6.7¢ | 6.5¢ | 79281 | ||
| Last updated 15.29pm 18/06/2024 ? | |||||
| AL3 (ASX) Chart |