XTV
forget the $120m AUD LOI
they have full sponsored global roadshow by the worlds largest telecom underway
I reckon $120m in units could be conservative, depending on the interest gathered in this global roadshow
from my experience, these things cost about $500-600k for an AU roadshow alone, to fly around the world business, presenting, labour involved, presentations , board rooms, luncheons, dinners
I reckon a global roadshow is north of $1m out of AT&T's pocket, so they are quite pre committed as it is!
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Daytrading April 20 afternoon, page-195
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