WAL 0.00% 0.6¢ wavenet international limited

rev up 780% det down 47%

  1. 5,549 Posts.

    PREDICTION Wavenet will be between$1-$2 before the end of the year
    The reported late Friday with rev up 780% and losses down 47% this was an excellent report.
    They have developed a wireless moderm that has secured some large orders with Motorola,US wireless data,keycorp and many more this moderm performs better then anything on the market.
    Wireless is the future these guys have the goods the BM3 is very interesting in what it can deliver for handheld devices no need for cables on roadside credit card transactions in the remote ares it has plenty of power, companies have trialled it and don't want to give it back.
    The company is tightly held 28mil shares half held by the top 20.
    Market cap under 9mil and orders back logged orders for $2.3mil this 1/4 already is seems they have more contracts coming this is going to be real big and it is cheap at this price.In the next 12months the directors expect to be the biggest supplier of this wireless technology into the north American market place.I beleive this to be the tip of the iceberg,
    BUY under 35 at this stage it does look cheap
    check them out for yourselfs its been quite but once the market get hold of it it will rocket don't know how long this will take maybe a few more ann-- but this is a good entry point.
 
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