WME west australian metals ltd

a bit boring, page-7

  1. 14,981 Posts.
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    re: a bit boring wilson! Angry

    BRO is in a early stage of development (sp wise)

    They have two interesting product sets - a VOIP and broadband bundle plus a MTV partnership music portal licence that will be huge for them we think.

    VOIP is using a company like BRO or ENG to make your telephone calls, which are routed over the public internet network, instead of tradional phone network.

    I use ENG - my monthly bill went from $120 to $31
    It rocks!

    You buy a box from d'icksmith, tandy etc, go home, plug it into your adsl modem and your phone, call them and it works.

    BRO have a similar service

    BRO is only 4c a share or so.

    Last Oct I think, ENG was 6c a share - and hit a high of 50c in March. ENG will imo run to at least 70 - 80c by end of year on ann of new cust numbers and breakeven (when they reach 40,000)

    So obviously, BRO - 4c a share, doing voip as well as the music portal/downloads (with $8700k in revenue thru an acquisition) are looking like a poss 10 bagger!

    Hope that helps.
    I don't want to invade the WME thread, so post any questions on the BRO thread, and happy to help.

    * Oh, I am going to buy wme in advance of this pending ann, as long as I don't miss the ann b4 I get to buy...

 
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