In my opinion the revenues will scale much quicker with TV2, so I do not think you can compare the two.
The fact is, IAM is much further out from reaching enough revenue to cover their cost base, and I believe it will take considerably longer for it to become profitable than the market anticipated. A weaker than expected quarterly, NAB pulling out, not much in the pipeline, combined with some restless shareholders and a lot of negative sentiment for a company already in a significant and prolonged downtrend has seen the stock get slaughtered. I do feel your pain, but I don't think there are the same concerns with TV2U, as the situation is vastly different.
Regarding TV2 - with two major contracts currently being rolled out, both with the potential for massive growth, the market should price future earnings in. So although the next quarterly will likely show modest initial revenues (due to the timing of the launches being late in the quarter), I believe there should remain solid support for the share-price and continued interest in the stock as further information comes to market. Renewed speculation regarding other prospective deals (ie. airlines, smart homes, China etc.) should also help to drive the share price up off the back of these first two contracts coming to fruition.
I do think this will play out slower than most people would like. However, in my view this is a good thing, as it means the price will move up in a controlled fashion based on substance, not just hype. Our share price is rising on large volumes and pulling back on lower volumes, all signs of a healthy uptrend IMO.
GLTAH, DYOR.
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