It was the first time I had dialled in to hear Chris speak for some time, and I was reasonably impressed with what I heard. He was measured, considered, and clear in his delivery.
For me, the key milestones are:
Securing further contracts with BMA
Delivering material contracts with other customers in hardware and leasing
Increasing clarity around software and data revenue
Another factor is the cycle of capital raises, which continues to act as a handbrake. If the company can move past the next inflection point without further dilution, it would be a significant step forward.
Overall, it appears they are on the right track, though there are still a few gaps to close before we see a genuine re-rate into the 3–5 cent range. I remain bullish in the long term.
e see a genuine re-rate into the 3–5 cent range. I remain bullish in the long term.
Add to My Watchlist
What is My Watchlist?
