Yes, agree, they will sell again in the future, but that's fine. For the time being, I expect they have paused and from the rise on Friday, that appeared to be the case.
Hoping we get to see some news about the Sharrow propeller trials this week!! Should be a quiet week after quarterlies, but before half yearly reports come out, so a good time to shine. Our half yearly likely out around the 22nd based on last year. Should get a dividend increase on the last HY.
Also interesting to see a couple of defence focused posts on the Veem LinkedIn page this week. We've previously worked on the Cape Class patrol boats with Austal (props and shaft lines). https://veem.com.au/veem-and-austal-ships-continue-to-showcase-australias-defence-capability/ They have 2 more to build now in WA and look the perfect size for a big gyro (or 2 medium ones). Albeit, they may not promote something like that.
VEE Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
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