37% of the US submarines are unable to operate due to lack of maintenance. Partly because of lack of parts availability immediately.
In 2023, the US navy initiated a Shipyard Infrastructure Optimisation Program (SIOP) and have allocated US21bn.
AL3 is a beneficiary of this funding and set up in Ohio is a strategic move by the business.
AL3 CEO is a smart man going on with his business without much noise.
I think the market is waking up to the potential of this sleeping giant.
Under 20c share price is not going to last that long.
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Last
25.5¢ |
Change
-0.015(5.56%) |
Mkt cap ! $139.2M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 25.0¢ | $904.0K | 3.496M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 365963 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 194996 | 10 |
View Market Depth
| Last trade - 14.35pm 30/07/2025 (20 minute delay) ? |
| AL3 (ASX) Chart |