Its def not worth 18 right now.
If you assume an asx 200 company spends 800 k on roaming things can get good for nor very quickly.
Every teleco in the world is about to have their revenue slashed by otts. Just look at google fi's step into this space. We are taking several billion dollars at stake here at they are at loss on how respond.
30 million at least at this point in time seems faur to me and could easily be testing new highs with very sig uptake early next year and good contracts.
Ann: Balance Sheet and Budget Update for FY17-NOR.AX, page-25
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