It's hard to tell but the company is pretty well placed to bid for and eventually be involved:
- Australian based
- Proven technology at the forefront (used by all F1 race teams)
Another tailwind for the company is the electrification of everything, electric motors emanate a lot of heat and will require bespoke cooling systems.
PS:
Above being said, I think it's a little expensive right now and share price might come under pressure over the next 6-12 months.
Defence Industry - Local Missile Production, page-2
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Last
$11.06 |
Change
-0.150(1.34%) |
Mkt cap ! $1.111B | |||
| Open | High | Low | Value | Volume |
| $11.30 | $11.51 | $11.06 | $727.0K | 64.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1939 | $11.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.14 | 262 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$11.09 |
Change
-0.150 ( 0.77 %) |
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| Open | High | Low | Volume | ||
| $11.21 | $11.51 | $11.06 | 212016 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| PWH (ASX) Chart |