The company has no choice but to deliver this year. If the GP margin on CROWS sales does not materialise this year then the 20mill in the bank will disappear very quickly.
What I cant comprehend is the fact that it is clear Northrop bought in to get access to the technology which provides it a platform to bid for a bigger slice of US govt spending on space/defence projects. Clearly the debris tracking works so why not then fund the cost involved (via issue of additional equity) in setting up say another 5 to 10 sites around the world?
The company has no choice but to deliver this year. If the GP...
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$1.84 |
Change
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Mkt cap ! $354.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 2 | 2424 | $1.82 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.85 | 16618 | 3 |
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