HCL 0.00% 19.0¢ highcom limited

Ann: New A$2.5m Ballistics Product Order, page-10

  1. 1,055 Posts.
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    The write down was less than the 1st order in terms of $, so depending on how they valued the inventory then it's possible it has all been sold. Impossible to know of course with a one-pager, but looks like the timing of the EOFY wrecked the 2H numbers, they wrote down inventory at the request of the board, got the contracts over the line early in 1H25 and now we are sort of tracking as per when we were at 30c. If all of that is true (big if) then we have a lot of gap to fill here.
 
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