appreciate what you said,gsmio86. it is very exicting and we dont have much uncertainty with it anyway.
on top up that-go back to their core business-let us dont underestimate the spending by Indian smart phone users. big base with even low ARPU at early stage will get ZIP a solid revenue.Other companies like MIG has generated steadily increasing revenue with subcontinent markets (it could be a market of oppotunities within the next 5 to 10 years). Don't see any reason why ZIP cannot do it, with their demanded and proved excluesive 2G campatible technology. ZIP could do many things with that market with its technology edges.
MIG share price has started to turn around. A major investor has entered. That might be something ZIP could think of at the moment.
Patto's current target on ZIP is $0.85 dropped from $1.22 purly considering the pool market sentiment.
Their MIG SP target is over $2.
Only concern is their cash burning rate.Hopefully there won't be significant cashburn needs within the next 6 to 12 months,then they have chance to cope with it.
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appreciate what you said,gsmio86. it is very exicting and we...
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