Bad timing to do capital raising, acquisition from big air on I. T. Services still a drag on growth. Connectivity revenue hasn't grown as fast as thought. Having said that, will completion of Indigo be the big tap turning on for Superloop?
Wouldnt go to say that it's all disaster though. It's not like the company is on a crash and burn course. It needs readjustment of its sales and marketing strategy, and still very much a company that can do well in the future. The world needs connectivity and if Superloop can make use of the fixed wireless network that it has to support 5g, then Bigair won't turned to be a bad acquisition after all. Netcomm wireless was taken over for a 50% premium on Friday for its fixed wireless capabilities. Someone can take over superloop as well.. Especially over a very mediocre result for this half yearly. Short term investors who can't see beyond this half's results will bail I'm sure.
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