Good point, but if LPE is appointed as manager for LPE's managed networks then the extra fee for the BCs should be very small compared to the savings. We have to see what will happen but it opens doors for LPE to get it's hands on more Stratas.
page 8:
Further legislative changes have created a position for LPE to again fill a market gap this time in the operation of embedded networks with the requirement for all embedded networks to have an Embedded Network Manager overseeing the core operation of the network. LPE is poised for this prime opportunity to ensure the existing retail operated networks, other networks and future networks are secure in these requirements. The company has established a subsidiary entity for this purpose, named Locality Embedded Networks Pty Ltd which will function in a ring-fenced capacity from the Authorised Retailer. Revenue from this entity will not come into effect until 1 December 2017, it is anticipated to increase opportunity and the profit position of the company into the future.
LPE Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
