Would seem unlikely Certus release will be before 31/01/2023 as they have said want to stock up and release after holiday season. I am not too sure on this strategy though as wouldn't Iridium want to release pre Christmas as might get sales through this period? Perhaps it is a stock issue but even so I owuld have thought you want to get it out to market, generate buzz and built up demand and wet the appetite but guess don't want to launch without stock around either or when the market is quiet and it gets lost.
Certus sub deal I thought might be here by now as was 3.5 months ago we were told it was in advanced stages of negotiations. Hope it hasn't fallen apart but hopefully all OK and we get this soon enough.
January 4C will be key, I am not too confident but seeing Directors buyig and backing us in surely there is the cash flow coming through now? Time will tell.
BCC Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held
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