With covid-19 restrictions lifted,
Morgans notes a strong operating cashflow for the third quarter and considers the lithium battery developer well-funded in terms of working capital demand for its first contract.
The broker forecasts the battery testing services business to double its revenues in FY20.
The stock is rated Speculative Buy with target price at
Sector: Materials.
Target price is
© 2020 Acquisdata Pty Ltd., source