Have been speaking to an IT infrastructure expert regarding the two-way satellite technology, and opinion was that, at the speeds being offered, there is no technical reason to choose it over standard DSL. In fact, satellite is susceptible to very hot weather, dust and storms. The costs are also more expensive over standard DSL. It confirms my thoughts that satellite will have limited success in non-DSL cabled areas only, which in reality covers rural areas.
I'm sorry but $60mill market cap is too expensive for this stock. It has to eventually came back to a fundamental price, 3-4c on some proven profitable deals.
Cheers
MUL Price at posting:
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