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
Add ELS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.0¢ |
Change
-0.030(5.77%) |
Mkt cap ! $74.01M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 54.0¢ | 49.0¢ | $76.79K | 150.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15307 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
49.5¢ |
Change
-0.030 ( 4.07 %) |
||||
| Open | High | Low | Volume | ||
| 53.0¢ | 54.0¢ | 49.5¢ | 66250 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| ELS (ASX) Chart |
