Good morning @Spongieman, let me start off by saying that Im glad you feel confident enough in tea leaves to BUY
Just reading back through July Quarterly which highlights a few points to my mind.
1/ I don't think we will see any deposit for $25M Machine sale yet- do you agree this would warrant separate announcement to market if approximately $5M hit their accounts?
2/ Quote- "combined with multiple existing sales leads of AU$6 million that are expected to be finalised by CY Q4 into firm purchase orders." - therefore no revenue realised 3rd Quarter
3/ Quote- "OEM manufacturing has continued unabated wi` delivery of multiple production projects for defence, aerospace, and nuclear industries." - so this is only avenue for revenue for October Quarter meaning tooling and other R+D components already delivered to clients....amount unknown.
Therefore IMO tomorrows Q report will be good in that we should get a report on operational lookahead, but am a bit worried to TBH at the first line amount...1.1 Receipts from Customers and if it will be satisfactory to prop up SP >60 cents.
Am preparing for either scenario... on one hand have cash ready to pounce on a BUY opportunity, on the other am getting ready to hide for another 3 months....
Good morning @Spongieman, let me start off by saying that Im...
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Mkt cap ! $131.3M | |||
| Open | High | Low | Value | Volume |
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