Bernard - I will disagree with you on some of your points.
Personally I cannot see the CEO or board members rolling up their sleeves, and getting dirty with screwdrivers etc to help with the move. I beleive there will be a core staff still focused on the business, and gaining of additional contracts etc.
You also forget about the US subsidiary that has been setup, and the fact that contracts may come from there as well with their JV with the US company. At the moment the one sure contract that should be signed (upgraded MOU) is with the Melbourne Engineering firm - to supply some of their parts for the JSF.
I think there are alot of prongs in the fire, that could be sprung out of the blue. Sure short term it might languish but I reckon, exiting the stock and aiming to get in lower does run a risk of missing the next leg up. When that is I don't think anyone knows. But that is your risk to take.
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22.0¢ |
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Mkt cap ! $15.77M |
Open | High | Low | Value | Volume |
22.0¢ | 22.0¢ | 22.0¢ | $5.187K | 23.57K |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 77218 | 21.0¢ |
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Price($) | Vol. | No. |
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22.0¢ | 128993 | 2 |
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No. | Vol. | Price($) |
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4 | 77218 | 0.210 |
1 | 25000 | 0.205 |
2 | 63250 | 0.200 |
2 | 60000 | 0.195 |
3 | 30650 | 0.190 |
Price($) | Vol. | No. |
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0.220 | 128993 | 2 |
0.240 | 19999 | 1 |
0.245 | 40000 | 1 |
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