Think they are a long way from administration. Reasoning for that, previous quarterly and commitment from DCA. Revenue increasing from DC side of business. Next quarterly will be critical and will include revenue from Darwin DC also which should add a solid chunk.
I would say with current contracts on the books plus dc revenue they have 12 months of funding. Personally I believe they need a few more contracts to come in January.
Regarding hyperone, subsea landing stations is where my money would be on. MM made a comment in recent video about becoming the go to company in Asia pacific for these and he has mentioned it multiple times. Bevan has had DXN build a few subsea landing stations, repeat customer. Would be strange if he chose someone else when we have delivered quality each time.
That’s my take.
what are your thoughts on your 3 questions?
Add to My Watchlist
What is My Watchlist?
