I'd prefer project updates. Any progress here will see multiple big buyers. And I don't think its wishful thinking, more like just a matter of time. Forget the TA's and where the base for launch will be, the FA's will push this past historic highs IMHO.
To keep it simple, current MC at $8m. Multiple contracts in place or WIP with low cash burn supported by existing stakeholders. RFID tag industry is huge at US$13b and set to double within the next 5 years. Even a 1% market share is worth A$170m+. This space is huge and with interests being generated in hot spots like SE Asia and the Middle East we should hopefully see a re-rating shortly.
Forget the TA's and where the base for launch will be, the FA's will push this past historic highs IMHO.
