70,000 could generate up to $25M in revenue - that is nearly $1.00 per share (undiluted for oppies)
And this is only on contracted dealerships to date - new business will see 70,000 left behind in the IMHO
I like this bit best "The initial market response has far exceeded our expectations" p15 of the slide show
Who is the US automaker - clue on page 6 where GM is included
Everyone was asking about volumes,expectations and why the company has not provided - well here you have it. Everything you need to know about Flex to make an educated investment decision.
Great announcement so what will drive the sp ?
- cash flow positive next year (no cap raisings)
- more announcements on new deals will follow
- the US automaker to be named late this year.
- strong revenue growth
All good reasons to buy in while the market is still sleeping.
Spozzie
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Ann: Flex Shareholder Update, page-8
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