Top pick
This company may be on the verge of some real success.
As I said to you earlier, technically they do not seem as appealing but fundamentally, they look enticing.
The Verizon deal will provide $AUS 150,000 a month in positive cash flow alone and the footprint this creates on a global level in enormous.
Rentalworks, their major financial backer must also believe in their potential to invest $10 million in capital to acquire and expand on a truly global level .
I do see some short term movement based on positive news however, I now view this stock as a medium to long term hold.
The only downside that I can see is the due diligence process on the GALAVU acquisition not being finalised as anticipated in December.
What are your views on that?
Thanks
ETC
entertainment media & telecoms corporation limited