Ann: Record FY2022 Revenue with Growth to Accelerate in FY2023, page-70

We get down to this level and the market cap is so cheap given cash in bank and positive outlook, there are also a few irons in the fire:
1. Certus launch which is hopefully no later than October.
2. Ongoing and advanced discussions with Iridium for Certus recurring revenue income. Vibe of recent release is this news can't be too far away.
3. Yes there is some competition emerging but I view this as a massive opportunity given it is highlihting the market and sheer size of the market.
4. We are at the forefront of this all, there could be chances to develop more devices like signal enhancers? A GSAT run Zoleo to tie in to Apple? A direct to phone App and revenue stream?

This is an evolving space like any industry and the opportunities that are presenting are exciting. We are very nimble as a business, not sure how it will wash out but as noted in point 4 there is surely something to benefit us in all of this.