You can't fault Iridium's results for the last six quarters. Profits - and growing.
Iridium have transformed Motorola's white elephant satellites into a profitable system specialised for transport and disaster communications. What a difference eight years makes.
I am wondering whether QAD is the only entry Joe Blows anywhere in the world have to holding shares in the Iridium system. The other owners are a handful of private companies. Is this right?
QAD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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