A timely announcement, in the absence of any actual new major contracts, hinting that more than one significant order is imminent, and implies that the total value may dwarf previous orders and can be fulfilled because of building $67m sales value of stock.
Enough to stop the sp rot, but there are quite a few holders wavering, wondering if walking the talk is going to prove elusive. Not another Alexium surely?
I don't know enough about their sustainable competitive advantages to make that call. I did see they got a positive mention in Forbes magazine by a recognised expert, there is a Counter Aerial threat expo about to happen in USA, and they are recruiting new people, so there is definitely confidence within the management, which is not negated by industry writers. So, patient hold.
I was never a religious type, but this is a daily test of my faith. At least the lions will not eat all the "profits".
I did buy some more yesterday, so I guess at 26.5c I am a buyer again.
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