Burgerbuns is spot on here. The Australian government, both Liberal and now Labor, have failed to fund a future military capability using local producers. So much for having retired military on our BOD, where are the sales? Kate Lundy has also failed to convert any connections with government to substantial contracts, no wonder she holds under 30,000 shares. We are a global minnow with no annual annuity income from Australia to keep us commercially relevant. Still relying on short term small value contracts to keep ticking over while major global primes catch up with our tech. So much for "Made in Australia". If only we had the appetite for home grown innovation shown by Ukraine and Israel.
I continue to hold rather than take the loss in the hope there will be an epiphany in Canberra by our ignorant politicians who talk about the hightened short term regional threats but don't do anything right now to build our defence capability.
EOS Price at posting:
$1.71 Sentiment: Hold Disclosure: Held
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