I think one of the big things holding the SP back is lack of reporting of numbers. The company has put out glossy presentations with forecasts and estimates and quite a bit of detail in the past. They need to follow that up with cold hard numbers of sales through AllMyTribe/SpaceTalk.com, JB Hifi, Spark, and leading edge. They also need to provide more concrete details about the UK rollout as it approaches, and they need to start talking about any other Australian retailers coming on board. I’m also still very confused as to why JB have let their stock levels again fall to pretty much nothing.
MWR Price at posting:
$3.34 Sentiment: Buy Disclosure: Held
