Ann: Major Defence Pilot Order Award, page-34

Reporting in, sir.

Potentially good news and a good deal. But can they execute and turn this into a) a bigger deal and b) one that can actually drive earnings, not just revenue.

The HY showed that currently they’re making losses equal to their revenue. Something has to change, they need to find operational leverage. Will this be it?

But I can’t help but notice that every time they release disappointing numbers (whether a quarterly, half-yearly, or annual report), BANG they magically have a new deal to announce a day or so later (remember the pump and subsequent dump after the NASA name-drop?). Just a coincidence I suppose…

I think the market just can’t get excited about this company unless they start to show some operational leverage. That's my view - you asked, so you got.