RE: RE: Management Shares
I agree with you fully. This press release does seem rather low-keyed and veiled in nature, and yet the potential it points to seems to be significant. Although the amount of the contract seems small, it is for a "large" OEM in the defence/aerospace industry, which means that there is a potential for the contact to grow over time if Adeptron can prove its value. It also gives Adeptron more experience in this sector, which will help it when it tries to bid on other contracts. When you combine this with the new image that Adeptron is projecting, one cannot help but feel a greater sense of confidence in Adeptron's future.
Having said that, I still have to wonder about the fact that there is still very little interest in Adeptron from an investment point of view. If Adeptron really does have this potential, it should be obvious to serious investors, and the stock would at least have a little more volume. Granted, there is still that wait and see attitude, but there seems to be less risk aversion these days, so you would think some institutional investors would take a chance on the stock. There is also no coverage at all, not even as a speculative stock. In addition, management is not buying the stock.
Are we being a little overly optimistic then or is Adeptron possibly an undiscovered gem? By the way, I really like the new logo and Website.