Ann: Telstra's Belong to Market SPACETALK, page-17

Hi folks
Long time no see....

Having a look again now. How do people feel about the proposed 90k units selling this FY? Reckon they will pull it off?
Some rough maths says they could do about $25m in revenue this year if they reach 90k units... Does that sound about right?

Some more rough maths says units cost about $100 to make and return around $250? Is that right?
They've sold 13k units so far this FY... Which means they need to spend ~$7.7m to reach the 90k units, and would return them ~$11m gross profit.
Do we think more funding will be needed to manufacture all those units?

Just trying to figure out why the share price is where it is at the moment. With growth like this and growth projected like it is, I'd expect a MC a little higher than $45m.

Cheers