You bought up good points Orwell.. These questions haven’t gone away for last couple of years as they are the main concern .. I’m very happy NET expect revenue from Australia come September 2019 and further revenue from USA and Europe late 2019..
Nets main distribution partner Isoftstone are a world world wide company working in 30 countries, this is good enough for me..
As for Alibaba having financial trouble, yet to be proven and considering their massive growth in recent years I would say unsubstantiated and fake news.. The CEO was again asked recently At a public meeting about moving the income out of China and he explained the company had it under control and it was not an issue, the company lawyer who was in attendance also supported this.. The issue of China stealing the technology has also been addressed but some will never accept and should not invest in this space.. Isoftstone , China Telecom , China Unicom are multi billion dollar companies and effectively they are paying NET a royalty for their tech and systems, it’s just not in their best interests to steal something and create “controversy “ for what it’s costing them .. The pain is not worth the gain basically, this would be very different if NET were dealing with small companies but they are not.. smart business ..
As I said above some see China too much of a risk , I understand this , however for me and my merry band we love the 1.4 billion potential customers and the timing of our product that this country and many others need.
- Forums
- ASX - By Stock
- NET
- How High Can Net Fly 50 Cents?
How High Can Net Fly 50 Cents?, page-200
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NET (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
NET (ASX) Chart |
Day chart unavailable