Originally posted by makattack
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What drove the share price up? I put it down in large part to the expectation created and summed up in the 16/12/15 Foundation for 2016 announcement. In that ann they indicated a base secured earnings value of US$18.5mill with an upside of US$44.7mill for calendar year 2017. Regular subsequent deal announcements supported the growth theory as did the increasing cash receipts.
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Thanks Mak and Blom. I guess Nick leaving was not a confidence booster either.
I forgot to ask if there is any timeline on the military sales or has that fallen into the background?
