ODN 0.00% 0.0¢ odin energy limited

CEO Mike Holt on gridComm Revenue $10M per city, page-8

  1. 12,645 Posts.
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    I'm not sure it's that enticing.
    According to Techinasia article,
    "It claims that it will deploy on 100,000 street lights
    in five cities ,with a US$100 initial installation cost
    and a subsequent charge of US$5 per month per street light.

    So,gridcomm have to spend $13m to get revenue of $6m per year.

    Also,was odn telling porkies to with the $4m c/r.
    Didn't want to scare people with dilution?
    Another article states $us7.5m c/r.
    That's $A10m. 100m shares @ 10c
    The c/r will be the same as the last imo.
    At about 1.2c equivalent as I said before.
 
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