I agree on those numbers but the query is of the 65,679 shipped so far how many are sold and how many are on USA shelves? Surely majority sold based on Iridium saying how well it Zoleo is going but we just do not know.
And they also may be gearing up for increased sales but will this unfold as quickly as they hope and we hope?
They would be my concerns, was hoping Australia could be a bit higher by now also. And even though they are not allowed to discuss JV details at this time not sure why we are unable to get any info from US subscriber numbers at least.
We may peter along now until we see news such as gov contracts, UK rollout, mid year financials which shows a better financial position and some JV data.
BCC Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
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