The issue is Management are more focused on spin than execution and have been for a number of years... putting price sensitive on a teaming agreement to enter into an RFT (e.g. missiles / Nova)?? they are a mile away from winning this, they're just hoping that Average Joe doesn't understand defence procurement... Teaming agreements are a standard first step across the field... meaningless. The big guys such as Lockheed / Raytheon will be in teaming agreements to ensure domestic supply chain and even the playing field.
Great space (pun intended when it comes to a brilliant potential business in SpaceLink), they have potential, just completely misguided in their approach to market. I'm a holder as I like what they could do, I'm just consistently disappointed in their approach and communications... It's like they are trying to give the short sellers a chance with their consistent communications and 'messaging'...
The issue is Management are more focused on spin than execution...
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Last
$1.43 |
Change
-0.045(3.06%) |
Mkt cap ! $274.9M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.52 | $1.40 | $1.632M | 1.127M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2986 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 10000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| EOS (ASX) Chart |