Agreed that the company needs cash to grow. It also needs a big market - I'm not convinced there is one. There is no big company in this space as far as I can tell. Little competition means little market in my books.
The model doesn't even make sense to me. If I was an apartment tenant I wouldn't sign a 5 year contract for broadband or electricity with the building owner. No-one would. So the building owner can't sign up to a 5 year contract unless there was actually no value to the contract. So are these massive dollar value contracts not in fact committed future revenues? More an estimate with massive assumptions?
AHL Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
