Cordel Group (CRDL)

Sector:

IT Services

Index:

FTSE AIM All-Share

 4.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 6.63
  • 52 Week Low: 3.16
  • Currency: UK Pounds
  • Shares Issued: 199.49m
  • Volume: 751,020
  • Market Cap: £8.98m

Maestrano subsidiary wins survey contract with Secure Energy

By Iain Gilbert

Date: Thursday 11 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Software firm Maestrano's wholly-owned subsidiary Airsight Australia has been awarded a new contract by Secure Energy.
Maestrano said on Thursday that Airsight will provide a drone-based survey for the new 700.0km transmission line extending from Wagga Wagga in New South Wales to the South Australian border.

The AIM-listed group stated the line was part of NSW's high voltage electricity transmission network operator's EnergyConnect project and part of Australia's transition to renewable energy.

Maestrano added that the contract will run until 2025, with initial pre-built ground surveys beginning in 2022.

Chief operating officer Ashley Cox said: "Airsight is seeing growing interest from the energy sector as investment in new renewable energy infrastructure increases. This contract will also be our first project using the new Nextcore Lumos LiDAR sensor, which enables faster surveying with higher accuracy."

As of 1050 GMT, Maestrano shares were down 1.77% at 12.77p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Cordel Group Market Data

Currency UK Pounds
Share Price 4.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 6.63
52 Week Low 3.16
Volume 751,020
Shares Issued 199.49m
Market Cap £8.98m

Cordel Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.88% below the market average22.88% below the market average22.88% below the market average22.88% below the market average22.88% below the market average
16.05% above the sector average16.05% above the sector average16.05% above the sector average16.05% above the sector average16.05% above the sector average
Price Trend
53.33% below the market average53.33% below the market average53.33% below the market average53.33% below the market average53.33% below the market average
51.65% below the sector average51.65% below the sector average51.65% below the sector average51.65% below the sector average51.65% below the sector average
Income Not Available
Growth
42.86% above the market average42.86% above the market average42.86% above the market average42.86% above the market average42.86% above the market average
55.29% above the sector average55.29% above the sector average55.29% above the sector average55.29% above the sector average55.29% above the sector average

Cordel Group Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
17:07 500,000 @ 4.50p
13:40 116,010 @ 4.31p
13:35 116,010 @ 4.31p
09:50 19,000 @ 4.30p

Cordel Group Key Personnel

Chair Ian Buddery
CFO Thouraya Walker

Top of Page