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.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 26.8¢ | $934.8K | 3.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 363985 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 8500 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| AL3 (ASX) Chart |