you will need read the last financial report and listen to the company briefing after which will provide you the information you want to know. The clues are the revenue very strong with expected new contracts signed.
The cost is high currently due to the new CEO is sitting up multiple new businesses with related areas last few months . The CEO background is very interesting. Please feel free to read about him.
In regard to the cost of the contract, you need to study the profit margin on Rippledowns, it is basically a computer programme, once installed ( with fee) the rest is automated. Do you think it will cost company anything? Also there is a usage fee and upgrade cost. So anything this is unlike of?
The market is heading into recession but BMT products are defensive in nature, so pick up more shares when the price seems right. I am still waiting for a big fish to come in. Let’s see who can’t wait to make the first move.
Ann: BMT signs USD$7M 5-year contract for RippleDown Diagnostics, page-14
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.57M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 20.5¢ | $78.31K | 373.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 71821 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 24475 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 20.5¢ | 45640 | ||
| Last updated 15.57pm 14/06/2024 ? | |||||
| BMT (ASX) Chart |