I'll add that outside of the anticipated IoT platform release, that FRX's core travel business is looking much better than it was even just a few months ago.
AppAnnie stats are showing the Flexiroam X App is still being downloaded. They have dropped off in some of their key Asian markets, however they are still ranking in 80+ countries.
They have achieved all time high download rankings in some wealthy European countries this quarter: Sweden, Switzerland, Denmark & Norway.
These markets all have high mobile roaming prices, with wealthy populations that travel with their eSIM enabled iPhones.
It quite amazing to consider that you could achieve all time high's for a travel App in the middle of global pandemic, particularly when the App has been around for 4+ years, but they have. This underscores how immense the $62b Global Roaming market actually is. Even if we in Australia can't conceive the idea of international travel for the foreseeable future.
FRX Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
(20min delay)