The Singapore deal is for 20,000 'reserved' subscribers at $200,000 a month & kicking off with a reserved $50,000 revenue a month.
When the BIG one comes in, I would expect at least 200,000 to 500,000 'reserved subscribers'.
They wont be burning $2m a quarter if you have read the quarterly. Cash cost increased last quarter as a result of the UK office set-up and the once only increase in expenditure relating to staff costs. It is not anticipated that this event will occur again.
DUB Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
