Ann: Titomic CEO Jim Simpson appointed as Managing Director, page-5

  1. 1,060 Posts.
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    After someone put a link to an article about AM in the last 3 weeks, I googled "additive manufacturing weapons missiles" and got a list of GREAT ARTICLES. I read about 6. The defence giants have been testing and developing parts of missiles and many other items for a number of years and have decided it is the way forward. They have made versions of a number of parts for missiles. AM has been accepted as a way to develop product at 1/10 the price in 1/10 of the time. It has proven capabilities and designs are now being done on the basis that the parts will be built with AM. Apparently many developed parts could not be built with traditional methods due to the design complexity, which also improves performance.
    TTT have definitely passed the worry of failure point. The directors are not generalist business people. They have proven history and experience, even working for the companies they are now approaching. Herbert definitely rounded up the right people and sold them the vision. The fact they have bought in by taking huge shares means they plan to grow the business and they believe it is real. The technology is essential. The articles tell you what has been done and where things are going. When I 1st bought shares they were 42cents and I thought that was cheap. I think it had dropped to 20% of the recent high. Once the manuifacturing jobs start coming TTT will be worth a fortune. I used to think USA would have made thousands of the smart missiles. The articles say they can only make 700 per annum if they go full speed. In Ukraine they cant use the missiles because they just dont have enough. AND AM is talked up for missile manufacture.
 
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Last
29.0¢
Change
0.005(1.75%)
Mkt cap ! $377.8M
Open High Low Value Volume
28.5¢ 29.0¢ 28.5¢ $178.1K 623.6K

Buyers (Bids)

No. Vol. Price($)
4 76659 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 240500 6
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Last trade - 10.53am 29/07/2025 (20 minute delay) ?
TTT (ASX) Chart
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