Pretty muddy set of numbers with the deconsolidation of LIS. PPE not doing as well as expected, the $100M rev target is a long way away from where they are now. CIB shooting the lights out as expected.
Commentary around BNNT and WGL still pretty reserved but better then it was as the FY24 report. Good to see the new distrubtors in china and EU, also collabroation with a space company and coatings company ongoing.
The only highlight I saw in the report was the fact they sold $258,000 worth of BNNT/WGL, not shooting the lights out but and improvement on the $86,000 on the PCP. If they can 100x that then we will be starting to get somewhere.
PPK Price at posting:
35.0¢ Sentiment: Buy 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)