A resonable thread, page-3

  1. 937 Posts.
    lightbulb Created with Sketch. 187
    @drachir It is easy to appreciate all of the research you are doing and the conclusion that NET may have a future. Notwithstanding that, talk of NDAs and "visual references" are only conjecture. These guys have been using these sorts of tactics forever, and they rarely lead to anything. The 10,000 China Telecom salespeople that JT suggested were going to be flat out selling millions of recurring income contracts never materialised but got everyone very excited. That experience has taught me to take it all with a grain of salt. When they SHOW US THE MONEY we will know it is fact.

    Here are some facts:
    - Calendar year 2020 customer receipts for first 3 quarters = $11,065,000
    - Calendar year 2021 customer receipts for first 3 quarters = $8,515,000
    - Calendar year 2021 4th quarter needs to be $7,820,000, up from the $5,270,000 4th quarter CY 2020.

    So, research all you want. and extrapolate as much as you want. At the end of the day this cycle has been going on for years and years. Incredibly, notwithstanding some very questionable funding arrangements, massive dilution, and losses well over $100 million, the business still survives.

    It will succeed, or it will fail.

    @drachir given we have heard all this before (starting way back when Telstra was the path to riches), do you want to put a time frame around when you think this might be back at previous highs - say 30 cents?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.