ASX:ELSElectronic
Assessing Elsight’s Valuation After Major Defence Contract Win And Aura Rollout
Elsight (ASX:ELS) is back on investor radars after securing a US$21.2 million contract with a European defence drone manufacturer. This development is supported by new senior hires and early deliveries of its Aura communications device.
See our latest analysis for Elsight.
The contract news and senior hires come after a strong run in Elsight’s shares, with a 49.5% 30 day share price return and a 1 year total shareholder return that is well into double digit multiples. This indicates strong...