Before you get excited I would read the fine print:
‘The contract provides for a 5-year deal covering 350,000 meters targeted up to US$5M (A$6.8M) per month at contract maturity.’
I am not sure how much revenue we will see early days given the language used. If I get time today, I will email the company and ask for further clarification.
S.loeb
BUD Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held