The massive jump in SP on back of big 4 announcement was based on speculation that the deal was worth $10-20m, after ASX asked for a please explain the deal was revised to $1.7m, in truth the deal amounted to a pair of unconvincing $50k invoices. The trouble with DUB and their Partner announcements is there are no numbers or revenues attached, because it is an unknown. In the last two years since the other 10 or so partners signed up and committed to numbers and revenues they have eventuated for one reason or another. With the talk of bundling DUB into other vendor UC products it may be that revenue generated for the DUB service is really low and business model is not stacking up. Time will tell. I cant imagine they can afford to keep putting out 150k, 100k, 100k quarterly revenue figures. Wondering if they are treading water waiting for a Vendor to snap them up.
DUB Price at posting:
33.0¢ Sentiment: Hold Disclosure: Not Held
