TTI 0.00% 0.4¢ traffic technologies ltd.

It's good to see that management read HC. Today was their first...

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  1. 1,709 Posts.
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    It's good to see that management read HC.

    Today was their first stand-alone announcement to the market regarding sales since the 17/06/2014 when they announced to the market that QTC had won a traffic controller order for Saudi Arabia worth $1.4 million.

    Even then, it is not 'new' news as it was mentioned in the recent results, but what was new was the stand-alone nature of the announcement and the mention of 'an $800 million AUD market opportunity' that TTI is poised to take a share of going forward.

    Time will tell whether today's announcement was a flash in the pan or whether management have turned over a new leaf when it comes to keeping their shareholders and the market in general more adequately informed of their progress on a more regular basis rather than going an entire financial year without a single announcement regarding sales as they did in FY15.
 
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