Why?
Do you believe the Company does not have enough cash to achieve its objectives?
The key for me is understanding why only $6m of the $12m Boeing contract was received as revenue.
Orbital is now totally committed to building UAV revenue. Fairly simple to model what happens if they achieve guidance of $22m revenue for the full year. In my numbers share price should double.
Also easy to see what happens if they don't - while some of this is factored into current share price it would go down at full year in absence of a profit.
Slow story. I am only in this company as a follower of Welborn. Will be interested to see if this comes good.
J9
J9
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