Bigbonzo101,
I'd hazard a guess that this is a likely scenario once we have some IP licenses and initial upfront license revenue to show for it.
I know from talking with the company that they have a threshold they would like to meet before considering this potential move.
My guess, and my guess alone is that it would require 4-6 licenses and $7-$10m in revenue.
Contemplate a license agreement with:
- Tata Elxsi
- Mercedes
- Valeo, and
- Microchip
If this happens, and bear in mind these are existing partnerships that are designed to deliver IP licenses, then we are well and truely on the way to bidding farewell to the ASX.
Some revenue from a couple of edge focussed set top boxes could help also...
Ann: Response to ASX Price Query, page-73
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