I stumble across this stock recently have read previous threads...

I stumble across this stock recently have read previous threads and some broker reports....

The recent nbn review states 700k plus connections to fixed wireless is expected. This is conservative I believe given take up rate and future technology upgrades. But let's stick with that

previous threads and broker reports suggest $100 gross margin per nbn unit.

So over the life of nbn they will make 700k x $100 = $70m in gross margin. However they say they have a fixed cost base so that will fall through to EBITDA.

This is equal to current market cap...just in nbn alone. I know exact timing maybe four years maybe five but it's pretty much set in they will get it at some point...

Then you add all these other agreements they have plus consumer business plus potential global smart metering plus any other deals yet to be signed and you can get a quite large number...am I missing something??? Or is this what's actually on offer with this cOmpany


thanks
Finesse