Ann: Scheme Further Supplementary Disclosure, page-20

There is >125 million homes in USA alone.
NTC & CASA both have notes on market share (how many will use 5g self-install) they base plans on; and the per unit profit margin expected.
Even though this, according to the company, has no value. (casa for one disagrees).
If this gets to court, which it could given the company is cornering itself with questionable actions, those notations are what you want.
If it has no value, it can be argued an announcement should have been made stating shareholders had wasted their money on r & d given it's material impact.

Casa needs this 5g tech to reinvigorate itself and for the seniors to sustain exorbitant salaries. You don't need them. However the original intention of a partnership would be very good; imo.

On the 'independent' valuation, the strong growth nature of the m2m segment should be kept in mind.
As for the warning of a sp drop if the deal fails, OMG WARN THE DAY TRADERS!