Fire bull, you seem to be making up facts to fit your conclusion. Examples:
1. Consumer complaints -- this was with one company, not an entire industry. In fact, ICU says this telecom's problems have been known for some time, and that it didn't have the infrastructure to support this type of service, so the chastized telecom is aligning with another provider to offer this service (or something like that).
2. Artists are providing content for free -- not likely. In an earlier report, ICU mentioned revenue goes to both the telecom and the content provider. Icu implied the ability to cut out or reduce the telecom costs (my recollection, I don't have the earlier report here).
As with any stock, ICU has risks that need to be recognized. I mentioned a few last year, including telcoms backing out. But icu is also reporting significant increasing customer sign-ups, which may be positive if (a) there are few customer exits and (b) customer purchases remain robust or increase.
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- Ann: Commentary on Appendix 4C-ICU.AX
Ann: Commentary on Appendix 4C-ICU.AX, page-7
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