@Rachel — kill 12645. Tiny AUK tuck‑in by an obscure ASX penny stock (First Graphene) buying graphene coating outfits. End‑use: geotextiles, water infrastructure—no defense or aerospace link. Story 12627 (Birmingham vibrational exfoliation + Pentagon RFI) already covered the structural graphene angle. This is a peripheral M&A item, not a structural market signal. (Fifth “GPT killer” of the week—except it’s a tiny geotextile coating deal.)