It's had a great run over the last two months from a low of 24 back up to a high of 35. A good drop last Thursday and Friday followed by strong support pushing the price back up. Definitely interest there but needs to break 36 cents. Has been tested on a few occasions back in early march 06 and mid Oct 05 but yet to break thru that barrier.
Important events - The launch of the robotic arm March as quoted "Company maker" "The Company has now completed the development of a robotic cell that enables DataDotDNA to be applied to motor vehicles on an assembly line. This significant step forward will be launched to the industry during March, 2006." Busness update dated 6/02/06
US Distribution Deal with Beacon Industries into the US car parts market 16/01/06
CHINA distribution deal "Under the distribution agreement, DTDNA will receive a license fee of $10 million ($500,000 of which has already been paid with the balance payable in September 2006 and September 2007)." 23/11/05
"FIRST AUSTRALIAN CUSTOMER - Todays announcement DataDot Technology Ltd (“DDT”) in conjunction with its partner CSIRO (Australia’s Commonwealth Scientific & Industrial Research Organisation), is pleased to announce that their joint venture company DataTraceDNA Pty Ltd (“DataTrace”) has concluded a commercial agreement with its first Australian customer for polymer (plastic) authentication."
Datatrace update (todays announcemnet) http://imagesignal.comsec.com.au/asxdata/20060322/pdf/00600141.pdf looking forward TECHNICAL TESTING CONTINUES WITH GLOBAL MANUFACTURERS "DataTrace is currently engaged in technical due diligence with some of the biggest and best known manufacturers of paints and polymers in the world based in Asia, Europe, the Middle- East and North America. During March and April 2006 DataTrace will be performing detailed technical testing at the request of several of these manufacturers. These organizations are all targets of counterfeiting and illegal substitution leading to bogus warranty claims."
US announcement over night DDT in CSI – NY
Resistance at 36 cents
DDT Price at posting:
0.0¢ Sentiment: None Disclosure: Held
