re: Ann: Wilson HTM signs $16m agreement for ...
Solid result I felt. My favourite line: "Sales prospects in business on demand run at $1million a month". In the latest presentation they stated that margins on this side of business reflect 50% EBITDA. So that means potential for $6million EBITDA a year.
Market loves recurring revenue and earnings. I am happy with this result, it may not get market moving yet. To be honest I was a little worried about this result, not anymore.
Happy to hold, add on new contracts or price movement.
cheers.
IPX Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
