Australian (ASX) Stock Market Forum

3DA - Amaero International

for those liking a talking head,

webinar
 
now 24c
.
what's under the belt?
.
Progress in December and line of sight to milestones
Capital raise upsized by 25% and was oversubscribed by 50%+. Pegasus led capital raise with $4 million commitment subject to shareholder approval at EGM on 22nd December.
• Advancing corporate credit facility with US based bank.
• 1st atomizer delivered to Tennessee facility.
• Final design and engineering advanced with Phase I design completed. Commenced construction of Phase I fit out.
• Fairmont Consulting Group Market Study completed.
• Finalizing engagement with U.S.-based investment bank to advise Amaero in connection with strategic financing, corporate strategy and financial planning.
• Finalizing purchase order for 2nd atomiser.
• Expect to commence installation of 1st atomiser in advance of prior April guidance.
• Advancing commercial discussions, including offtake agreement and feedstock supply agreement.
• Advancing government grant / funding discussions
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and what's in the boxes?
Screenshot_20231227-140335_Drive.jpg
 
mo' moolah.
.

A trading halt is requested pending an announcement by the Company in relation to an equity capital raising and the finalisation of a material contract.
.
now $0.37

Amaero International Limited is an ASX-listed company focused on high-value refractory, specialty alloy and Ti-64 powder production for additive manufacturing of mission-critical components for the defence, space and aviation industries.
 
mo' moolah.
.

A trading halt is requested pending an announcement by the Company in relation to an equity capital raising and the finalisation of a material contract.
.
now $0.37

Amaero International Limited is an ASX-listed company focused on high-value refractory, specialty alloy and Ti-64 powder production for additive manufacturing of mission-critical components for the defence, space and aviation industries.
Its too late DF, I have already been severely burnt by 3DA.
Mick
 
Tipped this for the May competition.

The chart looks really good. A possible head and shoulders pattern in play on the Weekly chart. The share price has been steadily increasing in a leading diagonal pattern and may start to rocket up.

View attachment 175743
 
Tipping this for the June Comp.

The same main pattern exists, that is a head and shoulders pattern. The share price has been stalling and finishing it's previous wave. Still waiting for that rocket upwards but appears to be closer now.
The chart also resembles BUB which had a similar uptrend.
 
back trading & now 38c

• Amaero has successfully completed an upsized institutional placement to raise A$25.0 million following strong support from existing cornerstone institutional shareholders as well as from new Australian and international institutions. The offering was priced at A$0.35 per share, a 4% discount to last closing price.
• Net proceeds from the Placement will primarily be used to fund the purchase of capital equipment including the second atomizer and improvements to the Company’s headquarters in Tennessee.
• Post transaction pro forma cash balance of approximately A$37.2 million to contribute to funding the Company’s planned capital investment program as it ramps up production.
 
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