I've seen some of their videos explaining their new/updated products and without having a lot of insight into the competition, the solution seems like a compelling one (and the fact that it is being used by SLSNSW, optus etc to some extent validates their offering and raises it above the small business cobbling together some electronics).
So I'm not necessarily disputing they don't have a good product (as I said, I'm not aware of the competition, but at least as a lay person, it seems good), but I just wonder who these 'Gadgets with Pete' videos are targeted at and how much sales they can generate from these videos (because shareholders are not paying $400k pa for someone to have fun creating videos that the apprentice can do in their spare time)
We can talk all about potential, and technology, and flying under the radar, but all of that is irrelevant if the company continues to burn cash.....as it has done so for 4-5 yrs.....and also fine for Gerald to complain about the shareprice, but he still gets paid $400k pa while other shareholders have seen their investment shrink to less than 20% of what it was 5 yrs ago.
Again kudos for all that the technology does, and Gerald & staff having fun etc etc, but ultimately this is a business that has continuously burnt money.....all of that stops when shareholders no longer support how this business is being run and I suspect we are very close to that point
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