My concern is 1.2B shares on issue. Disallowed as claimed puts its mkt cap at over 330m ... a bit much one would suggest
I've been digging around & revenue per nano satellite is c. 3m p.a, so if they launch 2-3 next year, that will generate 6m-9m rev in the following year
Also, production costs per nano satellite are c. 300k USD (c. 500k AUD)
I'll be keeping a keen eye on this one, but I also feel it will fall back to 2c or lower after the staggers are done with it.
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