Be interesting how we fair as after all a lot of our products are still somewhat discretionary spending and we are somewhat a retailer. With real economic pain about to possible set in will the bullish outlook remain? Zoleo in particular. Arguments have been made previously we could benefit from more domestic travel though and the devices are essential in many cases also.
We also have not seen any orders placed in over 6 months for Zoleo or Go! Yes we have seen Certus sales committed to but this is taking an extremely long time now to come through and could start to raise concerns on stock levels, price of components etc? Perhaps it is all being held up due to finalsinig the subscription deal or previously I think it was Iridium waiting for a global launch.
BCC Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)