"The Group is forecasting growth in its trading operations for the 30 June 2015 financial year with an improvement in sales and profitability and achievement of positive operating cash flows. The trading forecasts include significant additional sales from:
- The sale of new products from the recently completed major development project. Sales began in June 2014 with a contracted minimum level of sales for the first twelve months of US$3M.
- The emerging performances of SatPhone Shop and Short Burst Data airtime services sold in Australia expected to contribute $2.0M to revenue for the 2015 financial year."
Growing sales, and profit, CF positive and a recapitalised balance sheet (no debt) -> no excuses for this not to re-rate
there seems to be so much interest in Iridium Go from what I can see from various forums - this has to translate into strong momentum for WRR on various levels...
WRR Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held