Correct, but I think you will find they are funded for the $170 mill contract, given the forward cash they received. $14 mill
If they pick up the additional $330 mll worth of contracts, that would make them a stock with back orders of $500 million, and "space" that is fully funded and due to come on stream in the next few yrs.
Currently they are a $191 mill cap company, with cash of say $15 mill plus the $14 mill they received in forward orders.
If they win the additional contracts , that would be some business on valuation grounds alone, and most instos would likely take any additional raise in a second.
Correct, but I think you will find they are funded for the $170...
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Last
$1.28 |
Change
-0.020(1.54%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.32 | $1.27 | $1.122M | 873.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1600 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 7938 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
