Very promising indeed.
Profit from operations still some 18 months away, but by then the company will have major earnings from three regions: US/UK/AUS. The reference to the UK is great news and will be supported by farming out work to the US facility by years end. From there it may be a case of rinse and repeat in Europe.
The company will establish a dedicated R&D facility in Adelaide. Anticipate some concerted moves into other non defence related industries during 2025 and with that a whole new income stream. Lots to like.
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Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $83.34M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.5¢ | 13.5¢ | $380.8K | 2.608M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3499 | 1 |
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| Last trade - 15.53pm 20/06/2025 (20 minute delay) ? |
| AL3 (ASX) Chart |