Has everyone missed something here:
'Internally budgeted revenue for Q4 2001/2002: $A2,000,000'. They just announced that Q3 2001/2002 (Jan,Feb, March) revenue was $770,000. That is a stated target growth of 159% by quarter, and they only had 16 customers out of the 50 connected.
Now, ignore some of the vitriol for a second, and asuming that they EBITDA breakeven in July/August as promised, one could assume that it could make a nice profit by this calender year, and be the only member of the telco sector other than Telstra to do it.
I hope this stock sits around these levels (40-50c) until some numbers come out, half yearly or likely before.
Analyst's calculators can then give a guide, rather than the floating hopes/disappointments of some.
ATC Announcement, page-6
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