japanfresh,
Was simply looking at Rev-NetworkCosts / Revenue as a proxy for a Gross Margin - Network Costs being the main Cost of Goods sold for Flexiroam.
Agreed that some of the decline in this margin will be from the initial free data giveaways being spent - so almost no revenue, but lots of costs, but probably need another half to wash through.
But some analysis or commentary on that might gave been useful.
Over 600k shares traded this week, most since July.
Ann: Flexiroam Investor Update November 2017, page-6
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