MWR 4.40% 9.5¢ mgm wireless limited

The UK is very large. I will be surprised if they don't launch...

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  1. 7,244 Posts.
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    The UK is very large. I will be surprised if they don't launch across more than just one retailer or telecom outlet. If they do only launch with one, I'd be very confident that more would follow.
    Also worth remembering that JB's exclusive period ends in just over four weeks so we may be expanding our outlets in Australia before we launch in the UK. Another good size retailer or a telecom company could be a big sp driver before we get more news on UK distributors.
    This has corrected from $5 to around $3 so that takes out a lot of sp risk and provides a good level for another strong run as expansion progresses over the next 1-3 months. The sp won't necessarily wait for news. The correction has been deep enough to allow a decent rally ahead of news flow.
 
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