I must admit I was surprised the dollar amount of the contract was not included in the original announcement. How did the ASX let that one through without a dollar value?
It seems the ASX, or someone, had a rethink because the dollar value is material to the announcement and provides guidance to investors. 200 panels is small potatoes in the scheme of things.
FWIW this is a small step and a good start. We will likely see many more contracts in the near term.
I think the MC and SP will grow, however, I have some questions.
Will the technology have a meaningful useful life and provide an ROI before needing replacement? i.e. once the market has confidence in the results, and the tech, we can expect the speed of contracts to increase.
Does anyone know if circa a $1000 per panel makes sense to a retrun on investment?
Looking forward to more contracts and an improved SP.
CPV Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)