ABV 1.12% 8.8¢ advanced braking technology ltd

Ann: Market Update - Terra Dura Update, page-3

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. 23,765 Posts.
    lightbulb Created with Sketch. 258
    Check out the previous presentation the info you want is there on trials comparing standard brakes with terrra dura brakes

    http://www.asx.com.au/asxpdf/20171123/pdf/43phlfnfyk1zf0.pdf

    I had a little meeting with Martin and their Perth facility , I was impressed with the quality , thickness of rotor and calipers , sealability relative simplicity, (low weight compared to SIBS brake) and therefore can logically deduce the payback (as mentioned in the presentation link above ) of about 4 months in some cases quoted of the new Terra Dura brake would be valid .
    I think they finally have a ground braking product .

    Some issues with quality control ,but hopefully that is behind them

    As those use to offroad driving know In many ways its not so much about the number of kms but about the conditions the vehicle is faced with you can wipe out a set of brakes offroad in a day in certain conditions
    The down time to repair , and the cost of that repair plus safety issues need to be balanced against the sealed brake purchase price
 
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.