Anwell Tech: +7.1% at $0.60. Received deposit from a leading solar module developer to deliver at least 180MW of solar modules over the next 3 years. Est contract revenue of >US$300m compares with annualized 1H10 revenue of US$132, providing significant order book visibility for firm. The first shipment is scheduled for delivery in Oct'10. Anwell has current capacity of 40-50 MW and will increase this to 120-150 MW by 1H11...
Technically, stock has just broken out of $0.60 resistance. Indicators suggest positive momentum in near term. Support at $0.585 (200MA).
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