Yeah fair enough. Glad to hear some reasonable 'negative' (if you can call it that, probably tempered is a better word than negative) opinion.
I think we will be surprised, there are a lot of companies out there making ridiculous revenue and profit on worse ideas and worse products, but happy to consider your points.
My understanding of indicative orders are that they are simply a way for retailers to give a manufacturer/supplier an idea of the quantity they are interested in because there are lead times involved in getting product to retailers. Especially given that AEE can only make 10,000 a week at the moment (till they step up production capability in september), large orders will have a significant impact on their capacity to meet demand for other clients.
Anyway, keep it up. Im certainly happy to hear both sides of the story (other than the warnies of this site, he's getting a bit long in the tooth)
GLTA
IOT Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
