Big congrats to old and new holders alike. 52 week high BUT...

Big congrats to old and new holders alike. 52 week high BUT we’re only at the start of our journey so don’t give up your shares easily. I re-did my numbers to mark to market on the higher volume sales and my price target goes from ~$1.30 to ~$1.60. I can post the details if there is interest.

For younger investors this is very important. There are some stocks where you will make disproportionate returns that you can ride for years. Don’t get sucked into selling into a short term rally thinking you can buy back at 28c because it might not happen.

The trend remains up and while there could be a pause and small pull back at some stage here’s a reminder of a few key points:
- our market cap remains EXTREMELY low for a high growth and profitable business
- this 4C provides EVIDENCE of the inflection journey we have just started
- despite the rise its retail buying. Wait until this gets on the radar of an insto. They don’t buy small volumes. They’ll want 2-3% of the company
- the register remains SUPER tight. Old mouldy holders are out and new holders want in. If you want volume you need to bid. The last bit of selling was when the Apple satellite rumour came and that was met with heavy buying
- even though our last quarterly was STRONG that was when NSW and VIC we’re in lockdown. This quarter coming into Xmas will be HUGE. Get set for takeoff. No more pricing in the 20s. We will rebase in the 30s, 40s or even 50s
- But don’t despair. There’s still 4x upside from here over a 2 year period
- Near term catalysts in no order: big 2Q coming up into Xmas, government/enterprise contract dropping, NZ distribution announcement, European/Asian expansion announcements, more Zoleo sales, broker coverage, iridium Go sales etc etc.

There is still so MUCH UPSIDE here. GLTAH