No worries sbondar! Good announcement today, not that the market seemed to care haha. I wish they had announced using AUD as 3.5M looks much better than 2.3M but they're probably limited by regulations and ASIC. The MCX contracts will be the real driver of the share price moving forwards but it's good to see 5M of contracts outside of this announced over the last month.
Etherstack put out a quick little email today highlighting the announcement and I thought some of those snippets might be worth sharing here:
The deal follows on from our recently announced A$1.5m Australian Government deal. That deal brings the total of new sales directly to the Commonwealth of Australia to A$7.8m in the past 36 months alone and we expect to generate additional Australian government sales in the near term.
Our technology pilot with Telstra announced in September for our emerging 3GPP LMR-IWF (interworking function) solution continues to progress well and the company will provide further information on that project during 2024 when we are able to.
Here's hoping this newsflow continues over the coming months and we start to see that reflected in the share price!
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