I agree, but we're about 3 weeks from when the Company will...

  1. 5,168 Posts.
    lightbulb Created with Sketch. 2096
    I agree, but we're about 3 weeks from when the Company will likely put out its Annual Report - last yr it came out on 19 August, so it'll likely get on the radar of opportunistic low cap investors - particularly after the Business Update that indicates significant increase in annual revenue (and expected increased profit).
    IMO the share price has been affected by 2 factors - the previous cap raise (from memoey $1.19 ugh) which was soon followed by a profit downgrade, and more recently a move by at least one larger holder to reduce holdings. Not sure if that selling has stopped already.

    Certainly the increase in propeller production plus the latest gyro sales contract, and possibly an increase in defence sales, will improve the bottom line going forward.
    Just need the market to reconsider the company going forward.
    Last edited by longreach: 23/07/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
87.5¢
Change
-0.010(1.13%)
Mkt cap ! $118.9M
Open High Low Value Volume
87.5¢ 90.0¢ 85.0¢ $32.98K 38.11K

Buyers (Bids)

No. Vol. Price($)
1 1000 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
95.0¢ 11000 1
View Market Depth
Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
VEE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.