It’s so strange that I can still buy shares in this company for $2.30 for a valuation of just $160M. The deal is so good it practically feels like arbitrage considering we are in the box seat to scoop another $500M in defence contracts in the next 6 months (assume 10% Margin plus ongoing support, maintenance, repairs) plus our space business is primed to transform into a billion+ business in its own rights. Lockheed Martin would not have partnered with us to utilise our space tracking tech and pick up the space station construction costs unless they considered our service offering to be of serious value.
Obviously not complaining. This is a multi billion dollar business in the making and this is the ground floor. Looking forward to the next 12 months and beyond.
Cross Trade, page-15
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Last
$1.30 |
Change
-0.095(6.83%) |
Mkt cap ! $271.0M | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.42 | $1.29 | $1.015M | 761.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7975 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 5196 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |
