ABV 1.12% 8.8¢ advanced braking technology ltd

It's worth noting that ABV won't be fitting every brake set they...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,925 Posts.
    lightbulb Created with Sketch. 6
    It's worth noting that ABV won't be fitting every brake set they sell and these seed brakes are meant to also document installation procedures for other operators to use. So there is ample ability to sell hundreds if not thousands of brakes at $25K a pop down the road as long as there is no manufacturer bottlenecks. ABV seem to well on to this in lining up their supplier ducks in a row for expected demand. I expect once Ken is happy with the rollout we will see some a action and for sales to ramp up. With the mining business making break even the margin on the truck brakes should go directly to earning catching the ASX with its pants down causing a major revaluation. ABV is one if those companies that can come our of the blue with a new truck manufacturing deal or large fleet retrofit sale that could be in the multiple of millions really sticking it to the doubters Patience is definitely a virtue with ABV.
 
watchlist Created with Sketch. Add ABV (ASX) to my watchlist
(20min delay)
Last
8.8¢
Change
-0.001(1.12%)
Mkt cap ! $28.70M
Open High Low Value Volume
9.0¢ 9.0¢ 8.8¢ $21.89K 244.4K

Buyers (Bids)

No. Vol. Price($)
1 8791 8.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 100000 1
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
ABV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.