Hi Homey
There's one thing you're not considering in your evaluation of the NBN and AT&T contracts, the replacement cycle. A lot of the equipment going in now will be replaced and superceeded after 3 or 4 years. A good example is the FttC unit which will be upgraded to G.Fast. If NTC looks after business they will supply millions more next gen devices.
There will be further revenue from the current contracts long into the future.
The board is also confident of turning more opportunities into contracts. So far they have been very successful at this.
Concidering the low SP at the moment it's going to take some very good news/details on the AT&T contract to push it to $5 in 6 months. Perhaps we'll get this in March or April?
I remain very confident in NTC
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- James Spenceley of MHOR Asset Management
Hi Homey There's one thing you're not considering in your...
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