This is very interesting. Sounds like they already know who they will be acquiring.
Inorganic Expansion:
• The Group continues to seek the “right” inorganic expansion opportunity.
• Likely be a US ballistics competitor (market consolidation opportunity).
• Has existing contracts with the US DoD that are profitable and in good order.
• Help capitalise on the move of our XTclave technology into that Defence market.
• Speeds realisation US DoD “blue ocean” potential for our “next gen” products.
• Build long term annuity income streams from multi-year US DoD supply contracts
Ann: Company Overview Investor Presentation, page-2
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $16.42M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 15.0¢ | $10.55K | 68.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 95487 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 14391 | 1 |
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| Last trade - 15.23pm 24/05/2024 (20 minute delay) ? |
| HCL (ASX) Chart |