This is very interesting. Sounds like they already know who they will be acquiring.
Inorganic Expansion:
• The Group continues to seek the “right” inorganic expansion opportunity.
• Likely be a US ballistics competitor (market consolidation opportunity).
• Has existing contracts with the US DoD that are profitable and in good order.
• Help capitalise on the move of our XTclave technology into that Defence market.
• Speeds realisation US DoD “blue ocean” potential for our “next gen” products.
• Build long term annuity income streams from multi-year US DoD supply contracts
Ann: Company Overview Investor Presentation, page-2
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $12.83M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $27.45K | 222.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4996 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 5680 | 1 |
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| Last trade - 15.37pm 05/07/2024 (20 minute delay) ? |
| HCL (ASX) Chart |