I am struggling to see where any tension is going to come from to drive SFI share price.
When you have basically one customer and that customer "owns" the worlds biggest market and seemingly has tied you up in "commercial in confidence" agreements leaving you with the ability to only give limp lettuce leaf announcements i think Eagleview has its foot on the preys throat and without any competitive tension in the worlds biggest market the share price is likely to go nowhere.
I am not privy to the agreements between Eagleview and SFI but the fact Jason Marinko cant tell shareholders the numbers of cameras ordered i have to conclude Eagleview holds the whip hand and it would appear "commercial in confidence conditions" have the effect of suppressing sfi share price until or if they decide to act and maybe buy more or all of sfi if and when it suits them
Not unlike the relationship of suppliers to coles/woolworths who know what its like to have coles/woolworths foot on their throats.
or have i got this wrong??
SFI Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
