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I overlooked that about SA. Seems they've also got their license...

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  1. 183 Posts.
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    I overlooked that about SA. Seems they've also got their license to operate in the ACT and TAS too. I agree about iGENO doing well, though it will take a few years to establish.

    I just would like them to communicate a little more about their plans and what they're doing. The investor presentation last year was great - 30 pages long with outlook statements. This year it was 5 slides long, two of which were largely recycled from last year. iGENO was only mentioned in passing in the annual report, and didn't even describe to the readers what an embedded network operator is or does.

    I'm a fan of under-promising and over delivering, but they're making no promises and giving out no plans at all. I understand they cannot guarantee profits related to wholesale electricity prices, but at least explain what they're working on.

    Also, in my original post in this thread I overlooked point 4 on slide 2, as per below. So customer numbers are flat on last year, though revenues are higher.
    "The energy customer numbers have been maintained at the level of over 12,000, generating a monthly revenue of $6.3 million at the last quarter of FY 2017."
 
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