Breakout at 1.3c on Vol upTrend coming ??, page-554

People keep forgetting that they also cancelled 120M transaction options that would have been exercise-able at the CR price plus 25%, so at 2 cents CR, (2.5 cent option exercise) they would have brought in another A$3M.

So they effectively have removed close to A$10M of funding requirements for the next 12 - 18 months (the later being the expiry date the removed options had).

I don't believe its all revenue based, some will be on the working capital side, because the relationship they want to build are moving much faster than expected. So they'll need to spend less to achieve the outcomes they were looking for.

So maybe 75% is revenue generation through the year & 25% is reduced expenditure requirements for the year.

A significant development in just 7 weeks by anybody's standards.

Worth remember the roll-out of "Freeway by Syntronic's" in Southeast Asia is due to be completed in Q1 2016. In otherwords inside the next 2 weeks.

So will we also see a tie up with another Telco announced? like Singtel or Axiata which seem to have the largest geographic coverage in the area or maybe with one of the Chinese mobile ones?

LOTM