Very nice surprise to see that Telstra Order from April 2007 of $3m-$3.5m has not been completed.
See link for original announcement in April 2007 http://imagesignal.comsec.com.au/docserver/00710312.pdf?fileid=00710312&datedir=20070411&edt=MjAwOC00LTMrMTM6MjM6MTIrMTIwKzArY29tc2VjK3JlZGlyZWN0Ky9pbWFnZXNpZ25hbC9lcnJvcnBhZ2VzL1BERlRpbWVvdXQuaHRtbCsvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA
The April 2007 announcment also refers to a March 2007 announcement for $4.2m
Would be nice for the company to clarify if this is announcement represents delivery of both contracts i.e. Revenue of $7m+
I assume the announcement relates solely to the April 07 order.
I'll have to dust off my valuation model for WRR as it looks as though my sales figure may be about to be exceeded.
Perhaps a way of the company clarifing the sales referred to above would them to come out with an announcement in a similar vein to the likes of construction/mining services companies and state we have orders in hand of X, it is anticipated that delivery of sales in the current quarter would be Y.
Cheers
Clever1
WRR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
