Big companies have notorious long lead times - but Tier 1 defence companies also don't have clients who order "a handful of systems" like ELS' order books seem to have been pre 10/7 when military and defence revenues set in.
This is top tier validation of ELS technology and sounds like the best news this company has had in the years I have followed them. If successful it ought to be a very big source of revenue too as wars are (sadly) happening now and furthermore are being prepared at pace.
US Tier 1 defence company
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Last
36.5¢ |
Change
-0.035(8.75%) |
Mkt cap ! $55.03M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 39.5¢ | 36.5¢ | $100.4K | 258.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70000 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 49999 | 3 |
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| Last trade - 12.25pm 06/05/2024 (20 minute delay) ? |
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Last
38.0¢ |
Change
-0.035 ( 5.00 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 36.5¢ | 4800 | ||
| Last updated 13.05pm 06/05/2024 ? | |||||
| ELS (ASX) Chart |