This is game changing..large utilities take a long time to get into..even longer to establish pilot projects with and internally they always drag there feet with signing off and rolling onto contract stage..
excellent achievement by the business and also commencing immediately is great news.
this is very sticky recurring revenue business that should be highly valued by the market and shows their strategic acquisition has worked well in opening all the right doors..
stock has always been thinly traded but now listing on asx and Ellerston and Regal being involved should start to get some volume and love..
can easily see this going from $100m market cap to $500m over next couple of years..
I also feel the even bigger opportunity is the roll out of 5G and requirement for measuring and assessing poles to hang all the hardware equipment off..
watch this space..
This is game changing..large utilities take a long time to get...
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