Ann: Etherstack wins another $1m communications contract, page-2

  1. 58 Posts.
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    Nice announcement, good to see the revenue will be realised in this half too. That bodes well for the upcoming half yearly results that'll be released in August which should catch quite a few eyes given the revenue figures will show a significant increase from this time last year.

    Furthermore, management still expects new deal flow from existing strategic customers in our Defence division and emerging 3GPP MCPTX division in the near term.

    From this line in the announcement it looks like there's at least two more deals to be announced in the short term in sectors where the contracts are usually of a decent size. Combine those with the AGM next week and the half yearly results in August and we should see some volume and momentum in the stock price over the next couple of months. Someone grabbed $100k worth of shares towards the close today which is hopefully the start of some increased interest in the company.
 
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Last
46.0¢
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0.040(9.52%)
Mkt cap ! $60.79M
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