From the last quarterly: "With additional content conversions, upcoming and recurring revenue from Verizon, OTT subscription services, and more efficient on-boarding for app developers and publishers, the Company believes it has reached a positive inflection point in its revenue ramp-up." [Hello Tata? Tata?]
In Feb, they said they couldn't project for CY2017 - at the Q, they must've had some type of projection to announce they believed they were at the inflection point.
So what's the projection?
I really think they must start throwing some numbers out there - as they shifted priorities to OTT, investors should at least be given projections for what drove that decision (not exposure, but revenue). That's appropriate, yes? Then we could gauge progress to revenue milestones.
But instead, we still don't have an estimate or projection of anything and both the speculating and sentiment have gone to poo, June or no June. We have sizeable positions, and we will have to sell to preserve. I don't know who is waiting offscreen, but onscreen it looks like the a** will fall out of this if our selling addict keeps whittling away at every buy line.
Do I regret my investment? Not at the moment. But I am disappointed mainly in the sense that a few of the 2016 ASX class of US Co's don't seem to take much note of their ASX listing performance.
We have no buyers. Only dunces buy things without knowing what they're worth. I'm feeling more duncey every day![]()
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