I'm looking for an update on the qualification for Telstra shop distribution.
And hopefully enough inc/exp detail to draw a rough estimate on gross unit margins for the spacetalk watch. Often very difficult to derive these figures for obvious reasons.
I hope not to see too much talk of world domination just yet. I feel MGM needs to nail down the big players here and establish a stable foundation before expanding internationally.
Also a prudent plan to fund growth that will keep dilution to a minimum, I think they've done an excellent job so far in this respect but too many times we've seen rapid expansions requiring huge capital injections result in overpopulated share registries.
Overall, I think management operates with an extremely high level of competency and i don't expect any disappointments.
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I'm looking for an update on the qualification for Telstra shop...
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