With SkyHopper sales expected to expand rapidly over the coming quarters and $8mill in the kitty MOB offers a cheap entry into a growing tech area as well as the other products on offer.
But the blue sky could be the 5G consortium -
""One of the big achievements for Mobilicom this quarter was Mobilicom’s acceptance and involvement in the Heron 5G International Research Consortium, in which Mobilicom will take part in influencing the 5G standard. This opportunity places Mobilicom at the forefront of 5G development, which is expected to have an extremely positive impact on wireless technology."
Rubbing shoulders with the who's who of the telco world could open up new opportunities for MOB in the 5G space.
MOB Price at posting:
9.8¢ Sentiment: Buy Disclosure: Held
