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Minelab: New consumer products expected in the second half

stumppass

Member
I found this on the Codan web site (Minelab's parent company) "New
consumer products expected in the second half".
That would be in June.

22 February 2012

COMPANY ANNOUNCEMENTS PLATFORM
AUSTRALIAN SECURITIES EXCHANGE
CODAN LIMITED ANNUAL RESULTS
HALF YEAR ENDED 31 DECEMBER 2011


Metal Detection
Sales of metal detectors in all markets and regions other than North East Africa
have been strong, with the Minelab brand continuing to win market share. Sales
of our countermine metal detectors, which are used to find unexploded mines,
have significantly exceeded the corresponding period. With the launch of new
consumer products expected in the second half, the business unit is well placed
to deliver another good result.

Here is the complete announcement
Codan Minelab Announcement

New Sovereign maybe :razz:
 
Interesting...That could mean they are coming out with some new detectors maybe. On the other hand, they may just be talking about the new hand held pinpointer they have coming out. You know how companies like to inflact these press reports to look bigger than they area.
 
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