IMS 0.00% 69.0¢ impelus limited

Blue Ocean Coverage Update, page-23

  1. 360 Posts.
    Correct me if I'm wrong, but aren't international revenues currently only 20% for DCB? That implies (and management have stated this before I believe) that it takes time for markets to ramp up.

    The smaller Aussie market is currently dominating revenue, and now the tap has been turned on for other markets that are multiples of the Aussie size combined. If (IF!) these markets are as successful as the Aussie one then I think the nature and number of territories currently open is plenty to give us very good growth. Let alone all the new ones in the pipeline.

    Don't get me wrong a Japan or Indonesia would be great, but I don't know if we need it. Given time I think we will see great things from current target markets.
 
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