Great story XTE. Was lucky to get a handful of former clients in low 40's before the re-rating. Looked stupid cheap considering the low mkt cap at the time c$13m, tight structure and likelihood of on-going and growing revenue from Government contracts. Looking forward to further on the lightweight helmets, and drone interests.
I haven't had much to do with management, I am the type that if I like the metrics/product then will pounce first and get further involved later.
This could be one of those industrial situations that will re-rate once we 2-3 4c reports with growing cash flows. That is normally the inflection point for small cap funds to get involved.
SPP, page-13
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19.5¢ |
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Mkt cap ! $20.02M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $20.37K | 103.1K |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 2500 | 1 |
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